For the fund redeemed tonight, is the net value counted today or next business day?

You remember that non-working days to buy ** (week.

6. Sunday, New Year's Day, National Day, etc.), according to the net value of the first working day after the non-working day, that is, the ** net value you bought from October 1st to 7th is calculated according to October 8th, I don't know if I have such an example?

Buying before 3 p.m. on weekdays (Monday to Friday) is counted as the net value of the day, and buying after 3 p.m. is counted as the net value of the next working day.

**The timing algorithm for redemption and subscription is the same.

During trading hours, it is based on the current day's **, and non-trading hours are based on the next day's**. The so-called trading time is the trading time of **.

If you subscribe before 3 p.m. every day, you will be based on the net value of the day. After 3 o'clock, the next day's net value will be used. Generally, the fastest ** net worth should also come out at around 18 o'clock.

At 9:30 a.m. and 3:00 p.m., the ** subscription during this period is **price** after 3:00 pm**, if you subscribe after 3:00 pm, then it should be at the **price** of the next day**.

Count next Monday's.

It is not yet known whether it will rise or fall on Monday, but if an order has been placed, it is best to withdraw the order and wait until 15:00 next Monday to make a decision.

Next Monday, you need to apply for redemption at the time the market opens, which is based on the net value of the day.

** Equity for the next business day.

**Redemption time is generally from 9:30 a.m. to 3:00 p.m.

If we calculate strictly according to the trading hours, from 9:30 a.m. to 11:30 a.m. are the morning trading hours, and from 1:30 p.m. to 3:00 p.m. are the afternoon trading hours.

I'd like to talk a little bit about the concept of redemption.

** Both subscription and redemption are subject to market trading rules, as I mentioned above, we must trade when the market is open and cannot be traded at other times. The above time is for the trading hours of **, and the trading hours of ** will be more broad. Generally speaking, ** redemption on the trading day will confirm the shares according to the net value of the day, and the account will be credited to the account before the next to 24 hours.

**Actually, it can be traded 24 hours a day.

Whether it is a subscription or a redemption, it can be traded 24 hours a day, but it is not valid at any time. If we choose before 9:30 a.m. or 3:3 p.m

If we trade after 00, our share needs to be confirmed according to the share after the trading day, which means that we do not look at the market ** and operate in advance, so it is not recommended for everyone to do so. When we redeem**, if we redeem** before 3pm, the share will be recognized based on the net value of the day

**Usually it will arrive within 24 hours.

Because ** is a T+1 transaction model, we need to fully consider the transaction and arrival time. If we need to use money, we need to think about the trading day, but also the trading time. Remember that you can't trade normally when the market is not open on holidays, so our trading hours cannot include holidays, and you need to operate in advance.

If we confirm the transaction after 3:00 p.m., it will usually arrive on the 3rd day. <>

In general, ** redemption can only be applied for during the trading hours of the trading day. The normal trading hours are Monday to Friday, and the time slot is from 9:30 to 11:30 in the morning and from 13 to 15 in the afternoon.

The redemption time is generally between 9:30 a.m. and 3 p.m. from Monday to Friday, and if it exceeds 3 p.m., the arrival of this ** will be delayed by one working day.

Normal trading hours are 9:30 a.m. to 11:30 a.m.; 1:00 p.m. to 3:00 p.m.

The redemption time varies depending on the type of **

Currency**: 1-2 business days; Bonds**: 2-3 working days; **Type**: 3-4 working days; QDII: 8-13 working days. Some special products may be delayed by one to two business days.

The income of the investment can be simply understood as the difference between the cost and the redemption amount, in addition to the currency, the income of most products is calculated according to the net value, so is the income on the day of redemption counted?

**The income on the day of redemption is calculated, that is, the redemption on T day**, and the profit and loss on T day is calculated. The formula for calculating the return is: **Income = net unit value on the date of redemption Redemption share (1 redemption rate) Investment amount.

For example, if you apply for redemption before 15:00 on November 22 (Friday), the redemption share will be confirmed on November 25 (Monday), and the earnings on November 22 (Friday) will also be displayed on the following Monday; Friday, November 22 at 15:

After 00, apply for redemption**, the redemption share will be confirmed on November 26 (Tuesday), the income on November 22 (Friday) will be displayed on the following Monday, and the income on November 25 (Monday) will be displayed on the next Tuesday.

Hello, 1, if redeemed before 15 o'clock, according to the net value of the day, 2, after 15 o'clock, the next transaction is called the net value, 3, not the net value of the confirmation time.

**If the redemption is made before 3 p.m. on the trading day, as long as one working day passes, the shares will be redeemed on the second trading day on the same day, and the funds will arrive after the shares are confirmed, and the arrival time is generally 1-3 working days (subject to the product).

**If the redemption is made after 3 p.m. on the trading day, it will take two working days, because the redemption after 3 p.m. on the trading day will be counted as the redemption on the second trading day, and the shares will be confirmed on the third trading day, and the funds will be credited to the account after the shares are confirmed.

Extended Information: **Redemption Rate Criteria:

Redemption is a transaction in which investors sell their shares to companies and recover cash. The redemption rate refers to the fee ratio paid by investors when selling shares. The redemption rate will also be different depending on the holding time.

According to the "Provisions on Liquidity Risk Management of Public Offering and Open Investment":

For all open-ended indices other than currencies and exchange-traded indices, the redemption rate is based on the redemption amount.

If the holding time is more than 7 days, but not more than 1 year, the redemption rate is the redemption amount;

As for the holding time of more than 1 year and less than 2 years, the redemption rate is the redemption amount; If the holding time is more than 2 years, the redemption rate is 0.

In addition, each ** product may be different, and the redemption rate may not be set in full accordance with the standard. For example, some Category C** do not charge a fee for more than 7 days, but they usually charge a percentage of the sales service fee.

**Redemption Fee Calculation:

**The formula for calculating the redemption fee is: redemption fee = (**share*** unit net value) * redemption rate, so to calculate the redemption fee, investors should know the redemption rate when redeeming. In general, the longer the holding, the lower the redemption fee, and if the holding time is less than 7 days, a redemption rate of no less than is charged.

For example, the handling fee for holding ** for less than 7 days is 7 days to 30 days, assuming that the investor holds 1000 shares** and holds the net value of 6 days.

The redemption fee will be charged according to the formula (1000*) according to the formula (1000*).

If you redeem it within 7 days to 30 days, (1000*, you will be charged a handling fee.)

Therefore, it is best for OTC investors to hold for a long time, and if they sell after holding for a short time, it is easy to pay high redemption fees, and it is easy to chase the rise and fall.

In addition, when selling**, if you sell before 15:00 on the same day, it will be calculated according to the net value of the day, and if you sell after 15:00, it will be calculated on the next trading day.

If it is purchased before 3 p.m. on the ** trading day, it will be calculated according to the net value of the day, and if it is purchased after 3 p.m. on the trading day, it will be calculated on the net value of the next trading day.

After completing the preparation for opening an account, the public can choose the time to buy**.

Individual investors can bring the debit card and transaction card of the ** line, fill in the **transaction application** at the counter of the outlet (institutional investors must be stamped with the reserved seal), and must submit the application before 15:00 on the day of purchase, which will be accepted by the counter and receive the **business receipt.

Two days after the ** business, the investor can go to the counter to print the business confirmation.

If a trade submitted before 15:00 on a trading day is executed according to the equity published after the close of the market on that day, the trade submitted after 15:00 will be executed according to the equity of the next trading day.

1. If you buy before 15 o'clock in the afternoon on the trading day**, it is calculated directly according to the net value of the day;

2. If you buy after 15 o'clock in the afternoon on the trading day**, it will be calculated according to the net value of the next trading day.

If you buy after 3pm on a Friday**, you'll have to calculate your equity for the following Monday. Similarly, if you buy** after 15pm on the trading day before the holiday, it will be calculated based on the net value of the first trading day after the holiday.