During the Chinese New Year, we are all looking forward to it, because we can have a holiday and sleep in at home, which is very comfortable. But some people will want to see fund management when they are idle at home, so can they buy funds during the Spring Festival? Can funds be traded during the Chinese New Year? I have prepared relevant contents for your reference.

Can I buy a fund during the Spring Festival?

You can buy a fund during the Chinese New Year, but the fund will not confirm the share. The fund will not make a profit until it confirms its share. The general fund belongs to T+ 1 day confirmed share. If it is a fund purchased during the Spring Festival, it will not be confirmed until the trading day after the Spring Festival.

There are many kinds of funds, such as money funds, bond funds, mixed funds, index funds, stock funds and so on. Among them, the money fund has the least risk. If you don't want to take great risks and want better liquidity, you can consider the money fund, just saying that the income of the money fund is not very high, but it is relatively stable.

Can funds be traded during the Chinese New Year?

You can't trade funds during the Chinese New Year, and you won't trade on holidays. They only trade after holidays. However, it is worth noting that if you buy a money fund or a pure debt fund, as long as you confirm your share before the holidays, you will also get benefits during the holidays.

Because the money fund invests in the money market and the pure debt fund invests in bonds 100%, neither of them invests in the stock market, so there will be gains on holidays. If it is purchased on holidays, there is no income, because there is no confirmed share.