Funds are products issued by fund companies. Before each fund is issued, it will set corresponding rules, such as a certain issuance period, a certain lock-up period, trading time and so on. Before buying a fund, you should fully understand these rules, and when you need to do an operation later, you will know how to do it. Every fund can be sold, but at different times. Every fund has an agreement when it is issued.
In fact, the trading of funds and stocks is very similar. Most of the investment of the fund itself is also invested in stocks, and the trading of stocks is very frequent. As long as it is on the trading day, stocks can be traded, and investors can buy and sell stocks according to their own needs. Fund transactions are also more frequent. For newly established funds, generally before the formal establishment of the fund, the fund can only be purchased but not sold. After the fund is officially listed, it can be sold.
Of course, there are also some funds with special requirements, such as funds issued in the early stage and several funds that invest in the listed stocks of Ant Group. These funds show that the foundation has a certain lock-up period before issuance, and the fund can only be traded after the lock-up period. Different funds involve different transaction requirements, so you should fully understand the funds you buy.
Generally, it takes 1-2 working days for a fund to buy and confirm. Unlike buying stocks, buying funds can be bought and sold in real time during trading hours. Because it takes some time for funds to flow, it also takes some time for a fund to buy and confirm. When you want to sell the fund, the funds will not arrive in real time, and it will take some time. Different funds arrive at different times. If you want to use this fund, you should redeem it early.