What are the selling rules and trading hours of the fund?

**What are the rules for selling?

What we often call **redemption actually refers to the sale. So how do we sell it?

For example, open the Tiantian**app, click "My" in the lower left corner, enter the "Total Assets" page, find the ** you want to sell, and click "Sell Conversion" below.

According to the "unknown price principle", when we sell **, we are selling **shares, not amounts.

For example, if the net value of the unit we want to sell is RMB, and we sell 10,000 shares, assuming that the redemption fee is 0, then we can get: RMB.

After selling**, we are most concerned about the arrival time.

If it is sold before 15:00, the amount will be confirmed on the next trading day, and you will see the funds arrive on the next trading day. Like ****, if it is sold after 15:00, the amount confirmation and fund arrival time will be postponed for another trading day.

Selling needs to be reminded that the longer you hold it, the lower the rate of selling.

Redemption is the net value of the unit on the day of sale (T day). T-day refers to the ** trading day, and the trading day does not include weekends and statutory holidays. And the calculation time of the trading day is ** closing time 15:

00 is the boundary, and after 15:00, the next trading day will be counted as T day.

Calculated based on the time you submit.

Sell before 3 p.m. on the trading day, according to the net value of the day; Operate after 3 p.m. and follow the net value of the next trading day. (It will be postponed on weekends and holidays).

For example, if you redeem it before 3 p.m. on March 30, you will confirm the sale according to the net value on March 30;

Redeem after 3 p.m. on March 30 and confirm the sale according to the net value on March 31. (The premise is that the 30th and 31st must be trading days, otherwise the next trading day will be followed).

** Selling during the trading hours of the day, that is, the purchase and redemption of ** are bounded by 3 pm on the same day: those purchased or redeemed before 3 pm are calculated according to the **net value at the end of the day's trading; If it is purchased or redeemed after 3 p.m. on the same day, it will be calculated according to the net value announced at the end of the trading on the next day.

1. Operation skills 1Watch the market first and then operate.

The income of the investment comes from the future, for example, if you want to redeem the **type**, you can first look at the future development of the **market, whether it is a bull market or a bear market. Then decide whether to redeem or not, and make a choice in timing. If it's a bull market, you can hold it for a while longer to maximize your gains.

If it is a bear market, it is redeemed early, and the pocket is safe.

2.Convert to other products.

Converting high-risk products into low-risk products is also a kind of redemption, such as converting **type ** into currency**. Doing so can reduce costs, with conversion fees generally lower than redemption fees, and currency** with low risk, equivalent to cash, and higher yields than current interest.

Therefore, conversion is also a redemption idea.

3.Regular fixed redemptions.

Like regular investment, regular redemption can be used for daily cash management and can smooth out market fluctuations. Regular fixed redemption is a redemption method that complements regular fixed investment.

2. How to buy.

1.No matter how the market fluctuates, the fixed amount will be fixed with different net value every month, so that the investment method of reducing the amount of money and increasing the weight on the low will be automatically formed, so that the average cost is at the middle level of the market. The fluctuation range throughout the year will be larger, and the risk of direct one-time investment will also be greater, but if you choose to invest regularly and stick to it, it can play a role in smoothing the investment cost in the long run.

2.The general starting point of the regular investment business is 100,300 yuan, which greatly lowers the investment threshold and provides convenience for small investors, so regular fixed investment is more suitable for the majority of wage earners.

3. How to redeem.

When investors intend to redeem the counterparty, they can bring the debit card and ** transaction card of the opening bank, and also fill in and submit the transaction application form before 3 pm, and after the counter is accepted, the investor can inquire after 5 days and the redemption funds will be received.

1. Trading day purchase: ** The trading hours are Monday to Friday, 9 a.m. to 11:30 a.m., 1 p.m. to 3 p.m., week.

6. Trading is not allowed on Sundays and national holidays.

2. Purchase around 3 p.m.: The transaction before 3 p.m. will be calculated according to the net value of the day, regardless of whether it is bought at a high point or at a low point. If you buy after 3 o'clock, it will be calculated according to the net value of T+1 day.

In fact, when you buy **, you don't know what ** is the deal, and you need to wait for the **company to announce the net value of the day.

Let me give you an example: between 9-15 o'clock on the 1st, (sell), according to the price of the 1st, that is, the **** you see on the 2nd; But if you are **(sell) after 15 o'clock on the 1st, it will be calculated according to the ** price of the 2nd, which is the **** you see on the 3rd.

Settle at 15 o'clock on each ticket trading day** and sell order!

** and sell orders from 15 o'clock the day before to 15 o'clock on the same day will be settled together for the day!

However, under normal circumstances, after buying, if you can hold it for a long time, there is a high probability that you will make money, but it is just a matter of more and less. Of course, if you want to play, then first we have to figure out the rules of ** and selling, which should be considered the most basic thing.

**Sell** is the **net value of the unit on the day of selling (T day), if the ** net value of the unit on T day ** is 1, then the sell ** is 1 yuan. T day refers to the ** trading day, and the trading day does not include weekends and statutory holidays. The trading day is calculated at the close time of **15:

00 is the boundary, and after 15:00, the next trading day will be counted as T day.

The rules of buying and selling are that if you sell before three o'clock on the day, that is, according to the net value of the day, that is, **, if you sell after three o'clock, you will sell according to the net value of the next day.

**When you sell it, you will sell it at the last ** price on the day of the sale, and you will be charged a certain handling fee.

If you submit a sell request before 3 p.m. on the same day, then the sell share will be confirmed according to the last net value of the day, and if it is after 3 p.m., the sell share will be confirmed according to the next day's net value.

This ** can be divided into two categories, 1Floor trading is through trading software. If someone is willing to buy with your quote, then the money will immediately go to your account, and your ** will go to the buyer's account.

2.Over-the-counter**, sales are made through banks, Alipay and other platforms. Investors subscribe and redeem with ** companies, banks, Alipay, etc. are only used as sales channels.

Secondly, in the process of trading, I personally do not recommend everyone to operate, many people who play may choose to operate, but in fact, the difference between ** and ** is still relatively large. The vast majority of people will basically not lose money as long as the investment cycle is long enough.

Everyone knows that investment must be bought low and sold high, but it is difficult for ordinary people to know when it is low and when it is high. After long-term regular investment, your **holding cost will be an average**, and regular investment will disperse your **risk and avoid you at a high level**. Selling in batches is also to avoid selling too early to make a lot of money in case of a subsequent ** rise.

1. You need to consider both external and internal factors.

The underlying factors are you, your risk tolerance, investment horizon, acceptable investment products, and expected returns, and the range of losses you can bear.

External factors, including the management level of the company, the manager, the current investment environment, which industries, market style, etc.

You need to combine these factors and make a comprehensive assessment to make a configuration plan.

If you are unclear and have no idea, you can contact a licensed investment advisor for advice, such as the investment advisor of the company.

** The buying and selling point, there is no best, or it needs to be decided according to the external and internal factors mentioned above.

First of all, you need to look at your own liquidity needs for funds, if you need to use funds, then sell, if you need to invest, **.

And if the market is undervalued, it can**. If it is obviously overvalued and there is a bubble, it may be necessary to consider taking profit.

I think it should be the most appropriate when it is relatively stable, because at this time, we can observe its next dynamics well, and it will not cause us a very big loss, and then we should sell it at its peak, which is also the most appropriate time, so that we can get the most profits.

At the time, sell at the time, so that you can reap a lot of benefits.

It's best to sell when you're about to **, and it's best to sell when you're about to **, but there's almost no way to do that. For investors, no matter when you sell, as long as you can achieve your profit purpose.

According to the ** price of the day.

Generally speaking, if you subscribe before 15:00 on a trading day, it will be calculated according to the net value of the day, and the net value of the day will generally be checked after updating at 8-10 pm; If the purchase is made after 3 o'clock on the trading day, then the net value of the next trading day (T+1) will be applied.

On T+1 day of submission of the subscription application, **Company.

The share will be confirmed, which is the date on which the transaction is confirmed. On the T+2 day when the subscription application is submitted, you can view the income of **, which is the income viewing day.

It should be noted that I don't know the ** when I was training ****, because the specific net value will not be more bright and new until the day **, and the company will calculate it according to the **price.

**As long as it is sold before 3 p.m. on a non-working day, the transaction price is calculated according to the time of day, etc. 1. There are three situations for the net value of the day of the sale: sell before 15 o'clock on a working day**, and the transaction will be made according to the net value of the day; Sell after 15 o'clock on a working day**, and the net value of the next working day will be traded; Sell at any time on a holiday** and trade on the next working day.

2. **Trading rules: Apply for **or redeem** before 9:30 am to 3 pm every day, which is the **price** of the day, and the rest of the time is the next day**.

Of course, if you ** or redeem before 9 am on the same day, it is also the ** price of the day.

Extended Material: How to Choose** to Invest.

Broadly speaking, there is a certain amount of funds set up for a certain purpose, such as common social security, provident fund and other funds; In a narrow sense, ** is money with a specific purpose and purpose.

1. Net value trend.

Pay attention to observe and summarize the ** net worth trend.

2. **Variety.

It is necessary to choose according to one's own risk tolerance, and the one with fast net value growth will correspondingly have greater investment risks. Investors with a strong risk tolerance can choose **type**; If you are less affordable, you can choose a bond**. In addition to this, investors who need funds to maintain liquidity can opt for currencies**.

3. Investment objectives.

When investing, you must plan well in advance, rather than investing blindly, and the same will be true for investment**. If you want to achieve short-term goals, don't choose **type**; If you want to achieve medium and long-term goals, you can choose index and **type** to obtain long-term investment returns.

4. Costs and expenses.

**It is also a commodity, good quality and low price are always the pursuit of consumers, and it is good to be able to buy more **shares with less money. Because of this, the fees of ** companies with good growth and thoughtful service are also higher. Don't just rely on the cost and preferential rates, but choose the best of the best.

5. Administrator.

Choosing an excellent manager under an excellent company can help investors obtain more stable returns in the unpredictable market, and investment experience is also very important in the operation.

6. Investment proportion.

The courage to invest in the capital must consider the relationship with the proportion of family income, can not say that the funds are put in a basket, generally speaking, can not buy all the funds, especially the higher risk.

**Trading Hours & Trading Rules:

1.**Trading hours are limited to 15:00.

**When trading, whether it is morning or afternoon, it does not matter whether the valuation is high or low when you buy, as long as it is any time before 15:00 on the trading day, it is calculated according to the net value after the day.

If you are after 15:00**, the same is true, as long as it is any time after 15:00 on the trading day, it will be calculated according to the net value after the next trading day**.

2.Secondly, it is to sell, if you sell before 15:00, then the redemption time is generally T+1 day to confirm the shares, if you are selling after 15:00, then the redemption time is generally T+2 day to confirm the shares.

3.**Trading hours are 9:30-15:00 on each trading day, and the closing time is 11:30-13:00.

4.Trading day t refers to Monday to Friday other than statutory holidays and weekends.

**There is no time limit for subscription and redemption, and you can also subscribe and redeem when the market is closed. Generally during the ** trading session (trading day 9:30-15:

00), ** The net value is calculated based on the net value of the day, and the subscription and redemption outside the trading hours are calculated on the net value of the next trading day.

Extended Information:1Definition:

Broadly speaking, ** refers to a certain amount of money that is set up for a certain purpose. It mainly includes trust investment, provident fund, insurance, retirement, and various wills. From the perspective of financial investment, **mainly refers to**investment**, and the main ones suitable for ordinary people to buy are open-ended investment** and public offering**.

2.Open-ended investment refers to an investment whose scale can be issued at any time according to market supply and demand or redeemed by investors. Open has become the mainstream of the international market, the United States, the United Kingdom, Hong Kong and Taiwan's market is more than 90% open.

3.Public offering**, the object of raising is the public, that is, unspecified investors, and is raised through public means. The public offering has very strict requirements for information disclosure, does not withdraw performance remuneration, and is suitable for ordinary people to invest and manage their finances.