When buying and selling funds, the holding time is related to the handling fee. If the holding time is less than seven days, a redemption fee of no less than 1.5% will be charged, and the fund's income range is not very large. Therefore, everyone will deliberately reach the 7-day standard when buying, and the number of days of holding depends on the time difference between the buying time and the selling time.

Does the day of fund purchase count as one day of holding?

Whether the day of fund purchase counts as one day of holding depends on the time when the share is confirmed. If the purchase is made before 15:00 p.m. That is, the share will be confirmed based on the net value of that day, and it will be counted as a one-day holding. If the purchase is made after 15:00, the share will be confirmed on the next trading day based on the net value of the next trading day, and the day of purchase will not be counted as a one-day holding.

The fund holding period refers to the natural day between the selling and buying periods of the fund, including holidays and weekends; generally it is based on the natural day before the subscription confirmation date to the redemption confirmation date. It is calculated based on the cycle, and the specific calculation shall be subject to the calculation of the fund company.

For example: Subscription before 15:00 pm on July 24th (trading day), subscription confirmation on July 25th (trading day), redemption before 15:00 pm on July 31st (trading day) , redemption confirmed on August 1, holding days are ***7 days from July 25 to July 31; Subscription before 15:00 pm on July 24 (trading day), July 25 (trading day) ) Subscription confirmation, redemption after 15:00 pm on July 31st, is regarded as a redemption application on August 1st (trading day), redemption confirmation on August 2nd (trading day), and the holding days are July 25th Day~August 1***8 days.

There is still a certain knowledge about fund buying. If you plan to buy a fund, you must first look at its valuation, because the net value you see is usually from yesterday, and the valuation is similar to the net value. Try to be in Buy before 15:00 to avoid wasting a day.