Fund holders apply for redemption before 3: 00 pm every trading day, and it usually takes 1 to 3 trading days to confirm the transaction. Once confirmed, it can be considered as a successful sale. In case of holidays or weekends, the redemption transaction will be postponed to the next trading day for confirmation, and it can only be sold after the confirmation is successful.
Generally, if it is sold before 3 pm on the day of each trading day, the fund income will be calculated according to the net value at the end of the trading day. If it is sold after 3 pm on the day of each trading day, the fund income will be calculated according to the net value announced at the end of the next trading day.
The buying price and selling price of the fund.
In the process of buying and selling funds, they are all bought and sold according to the net value of funds, that is, the buying price and selling price of funds. There is only one price, which is the net value of funds. For example, buying a fund today is based on the price of the net value of the fund, plus the subscription fee, which is the cost for investors to buy.
Selling a fund on the same day is also based on the price of the net value of the fund, plus the redemption fee. In fact, the buying and selling of funds and stocks are basically the same.