Money Market Fund Subscription /Redemption Rules

Fund trading is based on the fund company's local trading day (T day), with a daily cutoff at 09:05 Hong Kong Time. Specific details are as follows.

1. Subscription:

T day refers to a fund trading day, with 09:05 as the cutoff. Orders placed before 09:05 are considered as placed on T day. Orders placed at or after 09:05 are considered as placed on T+1 (the next trading day). Weekends and public holidays (subject to the country where the fund company is located) are non-trading days. For orders placed on T day, the units will be confirmed according to the net worth of the fund on T day. Returns can be viewed starting from the second working day after the units are confirmed.

Order cancellation: You may cancel a submitted order before 09:05 on T Day.

Note: All times mentioned above are in Hong Kong Time.

2. Redemption:

T day refers to a fund trading day, with 09:05 as the cutoff. Orders placed before 09:05 are considered as placed on T day. Orders placed at or after 09:05 are considered as placed on T+1 (the next trading day). Weekends and public holidays (subject to the country where the fund company is located) are non-trading days. For orders placed on T day, the redemption amount will be confirmed according to the net worth of the fund on T day.

Order cancellation: You may cancel a submitted order before 09:05 on T Day.

Note: All times mentioned above are in Hong Kong Time.

Key takeaways:

• Cut-off time: The recognition of the trading day (T day) uses 09:05 Hong Kong Time as the cutoff (excluding 09:05). Orders placed before this time will be calculated based on the net worth of that day.
• Cancellation rule: Both subscription and redemption orders can be canceled before 09:05 Hong Kong Time on T Day.
• Units and returns: Returns can be viewed starting from the second working day after the units are confirmed.
• Non-trading days: Weekends and public holidays in the country where the fund company is located are not considered as trading days.

Disclosures

This article is for reference only and does not constitute any investment advice.