Funds that apply for redemption before 15 every day are calculated according to the net value of the current day, and those that apply for redemption after 15 are calculated according to the net value of the second trading day.

Because the fund redemption adopts the principle of unknown price, the net value of the fund on that day can only be priced after the close. Therefore, every day 14:00- 15:00 is more suitable for investors to decide whether to redeem, because the fund value at this time will be closer to the net value of the fund after the close.

Extended data:

Precautions:

1. The redemption amount actually received by investors includes the total redemption amount minus the redemption fee, and the redemption rate shall not exceed 3%. There are also open-end funds in China, and the redemption rate is 0.5%. Held for more than two years, free of charge.

2. Generally, the initial minimum subscription amount of direct selling outlets has a fixed limit (the unit is RMB), and the minimum additional subscription amount also has a limit, and there is no differential limit. (However, investors who have subscribed for the fund shares at any sales outlets are not subject to the initial minimum subscription amount).

3. Generally, the minimum share of redemption has a fixed limit (in RMB), and there is no differential limit. Fund holders can redeem all or part of the fund shares. However, if the fund share balance of a certain outlet is less than a certain share due to a certain redemption, the remaining fund shares must be redeemed together.

Baidu encyclopedia-fund redemption

Baidu Encyclopedia-Fund Unit Net Value