1. Can the initial funds be sold the next day?
Under normal circumstances, it takes about 2-3 days for a newly purchased fund to be sold. Because at present, the trading rules of domestic on-market and off-market funds are T+ 1, which means that if you want to buy the fund on the first day and redeem it quickly, you can sell it the next day at the earliest. For example, a fund that you bought before 3 pm on Monday can be sold on Wednesday after confirming its share on Tuesday. If the purchased fund is after 3 pm on Monday, the selling time will be delayed by one day.
Two. Fund transactions need to be conducted on working days.
If you buy a fund on weekdays, the general application time is T+ 1 working day, which means it takes two working days to confirm the share we bought, so even if you want to sell the fund quickly, you will probably have to wait until the third day. The time mentioned here refers to the working day. If it is a non-working day, such as holidays or weekends, these hours are not counted. It can only be calculated in working days. So we buy funds just to see the length of the working day.
Third, funds are not suitable for short-term holding.
Why not recommend buying and selling funds frequently? This is because there may be a handling fee for trading funds. If we are trading in the day, we usually need to spend more money, which can be said to account for a large part of the profit. Therefore, it is better to hold your own optimistic fund for a long time, and then consider selling it after the profit point reaches your expectations. Everyone expects to get a share of the fund after buying it. I hope that my friends can make a big profit in the fund trading market!