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1, the rise and fall of the fund on the day of selling, because whether it is sold before 3 pm or after 3 pm, the rise and fall of the day are counted in it, for example, if it is sold before 3 pm, then the cost is calculated according to the net value of the day, and the rise and fall of the day are counted in it, and it is sold after 3 pm. According to the net value of the next day, the ups and downs of the day are still counted. T+ 1 transaction of this fund. If the fund is sold before 3 pm on the same day, it will be calculated according to the net value at the close of the day of sale, and the share will be confirmed on the second trading day. After the share is confirmed, the funds will arrive in the account, and the arrival time is generally 1-3 trading days (depending on the product).
If it is sold after 3 pm that day, it will be delayed by one day. However, if it is sold before 3 pm, the next day's ups and downs will not affect the income. If it is sold after 3 pm, the next day's ups and downs will affect the income. If you think this fund is going downhill and in urgent need of money, it is recommended to sell it before 3 pm. For on-site funds, investors buy and sell funds at real-time market prices. Therefore, when investors sell the on-site funds on the same day, they will count the increase in the period before selling.
3. For OTC funds, fund transactions follow the principle of unknown price, that is, the purchase and redemption are based on the net asset value of fund shares after the closing of the application date to calculate the amount of fund shares bought or sold. For example, if an investor sells an OTC fund before 15: 00 on the same day, the selling price shall be based on the net value announced that night; If an investor sells an OTC fund after 15: 00 on the same day, its selling price shall be based on the net value announced in the evening of the next trading day, and its increase includes the increase of the same day and the increase of the next trading day. Redemption, also known as repurchase, is aimed at open-end funds. Investors directly or through an agency require the fund management company to withdraw part or all of the investment from the fund and remit the repurchase money to the investor's account. People usually refer to funds mainly as securities investment funds.