The fund implements the T+2 trading system, that is, after investors redeem the fund, they generally need to wait for T+2 working days to determine the redemption success and obtain the investment fund income. The process of fund redemption is: not reported on T day, T+ 1 daily, and completed on T+2 day. The fund subscription and redemption can only be said to be successful if it is confirmed by the T+2 system.
Moreover, after the fund is sold, the money does not arrive in real time. It usually takes 2-7 days to get there. Generally, open-end funds need about 4 working days, while other overseas funds need 65,438+00 days. Because the fund invests in a basket of stocks or targets, the settlement is not so simple and fast. Many people say that the best time to buy and sell funds is 14: 30- 15: 00 on the fund trading day, because there is no need to wait another day for trading at this time, and the real-time valuation at this time can see whether the fund is in a rising or falling state, which is the most real valuation. The share sold by the fund is not the money you finally get. The final money is the share sold multiplied by the net value confirmed at the time of sale, and then the relevant handling fee is deducted.