Are you new to the world of funds? Understanding the trading rules is crucial for making smart investment decisions. First, know that fund trading hours typically follow the stock market schedule, usually from 9:30 AM to 3:00 PM on weekdays. During this time, you can place buy or sell orders. Remember, once you submit your order, it will be executed at the closing price of the day, indicated as "NAVPS" (Net Asset Value Per Share).
Be mindful of the minimum investment amount, which often starts at 100 yuan. If you're making regular investments, set up a systematic plan to contribute consistently. Also, keep an eye on management fees and other charges, as they can impact your returns. For example, redemption fees might apply if you sell your fund shares within a short period after purchase.
Lastly, stay updated with market news and trends. The performance of funds can fluctuate based on economic conditions. By familiarizing yourself with these rules, you’ll be better equipped to navigate the exciting journey of investing in funds! 💡💸
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