Because the subscription and redemption of funds follow the principle of unknown price, the redemption price is based on the closing net value of the day before the trading day of 15: 00, and the redemption price is based on the closing net value of the second trading day after the trading day of 15: 00.

It is suggested that the subscription and redemption time of general open-end funds should be entrusted within the open-end trading time. In case of special funds, it is recommended to consult the fund company for specific operation time. (The redemption time of some funds may be adjusted on legal holidays. It is recommended to pay attention to the announcement of fund companies in time. )

Extended data:

Precautions:

Funds are different from stocks. Transactions before 3 o'clock on the trading day are calculated according to the net value after the close of the day. When you buy a fund, the net value you see is the net value of the previous trading day. What is the net value of the fund you bought? You won't know until the net value of the fund is updated after the close. That is, when buying a fund, I actually don't know what the price is.

For purchases before 3 o'clock on the trading day, the net value of the day is calculated, and for purchases after 3 o'clock on the trading day, the net value of the next trading day (T+ 1) is calculated. The specific information is subject to confirmation after purchasing gold.

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