Because the fund can't confirm the share on the day of subscription. Fund purchase is divided into subscription and subscription. Either way, you can't see the fund you bought that day. The fund you subscribed for will be confirmed and the income will be calculated on T+ 1 working day, and the share can only be received on T+2. The subscribed fund needs the fund to declare its share of establishment before it can reach the account, sometimes it takes nearly a month.

Buying a fund generally refers to an investment and financial management method that people with idle funds can choose, and use their temporarily unused money to buy a fund for investment, so as to achieve the purpose of maintaining and increasing value and winning income.

In the process of fund sales and operation, some expenses will occur, which will be borne by fund investors and used to pay for the services provided by fund managers, fund custodians, sales agencies and registration agencies.

In general, investors in the fund will be involved in three taxes: 1, income tax, investor dividends and capital gains. 2. Transaction tax, which is the tax that the fund needs to pay when trading. 3. Stamp duty, the tax payable on the relevant documents in the transaction.