If investors buy or sell the fund before the trading day 15:00, they will confirm it on the next trading day. If investors buy this fund on the trading day 15:00, they will confirm it on the next trading day. If the trading time is a legal holiday, it will be postponed to the next trading day for share confirmation. Of course, some foundations are special. For example, the net value confirmation time of QDII funds is generally T+2 days. If it is 15 before buying and selling QDII funds on the same day, T+2 days will confirm the share. If it is after 15:00, the line will be confirmed in T+3 days.

What is a fund share?

It is a certificate issued by the fund sponsors to investors, indicating that the holders enjoy the right of income distribution, residual property rights after liquidation and other related rights, and assume corresponding obligations to the fund property according to the shares held by the fund sponsors.

Fund share is a standard to measure how much money investors have invested.