When the fund is sold, many people only know that they have sold it all with one click, but they don't know how much money they can get in the end, or the fund calculated by themselves is very different from the actual account. This is because the price is related to the selling time when the fund is sold. Let's see how the price is confirmed when the fund is sold.

When is the selling price of the fund?

Selling before 3 pm is calculated according to the closing net value of the day, and selling after 3 pm is calculated according to T+ 1 net value. For transactions that are effectively applied for on T day, the purchase/redemption price is calculated according to the net value of fund shares on T day. The net value of fund shares on day T shall be calculated after the market closes on day T and announced no later than T+ 1 day. For example, if a fund is sold before 3 pm on Monday, it will be calculated according to the net value on Monday. If it is sold after 3 pm on Monday, it will be confirmed by the net value on Tuesday.

The trading hours of the Fund are from Monday to Friday, from 9: 00 am to afternoon 1 1: 30 pm 1: 00 to 3: 00 pm. Trading is not allowed on Saturdays, Sundays and national holidays. Therefore, 3 pm is a key point. Whether you buy or sell, you should pay attention to this, because before 3 pm and after 3 pm are completely different concepts.

A fund has only one net value a day, whether it is buying at a high point or buying at a low point. In fact, when buying a fund, you don't know at what price, and you need to wait for the fund company to announce the net value of the day. The net value of the day is usually announced at eight or nine in the evening.

After reading the above introduction, I believe everyone has a more comprehensive understanding of when the fund will be sold at the price. Last reminder: trading funds should also pay attention to handling fees. There are rules on the interface of buying and selling.