Funds are also a way to invest now. Compared with stocks, the investment of funds is relatively simple. Moreover, the investment risk of funds is smaller than that of stocks, which is suitable for novices to manage short-term or small funds. Among them, all open-end funds are open for purchase and redemption, and the application for purchase and redemption can be deducted. So, when will the fund buy it?

When does the fund count as income when it is bought?

Applications for subscription and redemption submitted before the trading day 15 (excluding) shall be handled according to the net fund value of the current day, and after the trading day 15 (including), they shall be handled according to the net fund value of the next trading day. In other words, funds bought before 15:00 on the trading day are settled according to the net value of the day, and the income will be calculated on the next trading day; Buy after 15:00, settle according to the price of the next transaction, and calculate the income on T+2.

Generally speaking, the trading day 15 is an important time for fund subscription and redemption. Moreover, the fund net value of the day needs to be announced by the fund company on the night after the stock market closes. The subscription applications submitted before the trading day 15 (excluding) are all based on the net value of the fund on that day, so no matter how the market rises or falls on that day, it will only affect the subscription cost.