As a financial management tool, fund investment has been accepted by most people, and many people will buy fund products privately, especially open-end fund products. How long does it take to redeem the purchased open-end fund products?

How long will it take for the redemption of open-end funds to arrive?

The redemption time of open-end funds is generally 1-3 working days, and the longest is no more than 5 working days (depending on the product). Investors can check the arrival time of each product in the fund trading rules. T+ 1 of the Fund is traded, and the share will be confirmed on the second trading day.

How to calculate the fund redemption fee?

Fund redemption fee = total redemption amount × handling fee rate. What investors actually get after selling the fund is the total redemption amount minus the redemption fee. The calculation formula is: total redemption amount = number of redemption shares × net value of fund shares on the redemption day.

The above are some contents of the redemption of open-end funds, hoping to help everyone.