The number of days in the middle interval is the number of days actually held by the fund, calculated by natural days, and holidays such as Saturday, Sunday and National Day are also included.
Take 15:00 as the dividing line of the trading day. If you buy before 15:00, you will receive the confirmation message of successful fund subscription the next day. For transactions after 15:00, you will receive the subscription confirmation information the day after tomorrow.
The confirmation date of fund subscription and redemption is generally the next trading day of the fund subscription and redemption date, that is, T+ 1. Non-natural days, weekends and holidays are not counted as trading days, and the 15:00 trading day is the dividing line. If it exceeds 15:00, the next trading day will be counted.
The number of days held by the Fund is calculated according to the difference between the purchase confirmation date and the redemption confirmation date, including weekends and holidays. The confirmation date of fund subscription and redemption is the next trading day of the trading day. The trading day of the fund is generally Monday to Friday. It should be remembered that trading days and working days are different.
For example, sometimes there is no holiday on Saturday, but the weekend is not the trading day of the fund whether it is a holiday or not. In addition, all statutory holidays are non-trading days of the Fund.
Redemption refers to the trading behavior that investors sell their fund shares to the fund company to obtain cash during the existence of the fund.
Usually redemption adopts share redemption. The so-called share redemption means that when investors sell fund shares, they apply to the fund company for redemption according to the number of redeemed fund shares, not according to the amount sold.
Fund redemption rate refers to the proportion of expenses paid by investors when they sell their fund shares. The fund redemption rate is determined by the fund manager, and different securities companies have different regulations; For example, some companies have introduced a charging method that the redemption fee decreases with the increase of holding time, that is, the longer the fund is held, the less the redemption fee will be paid when it is redeemed, and the redemption fee will not be charged when it is held for a certain period of time.