Fund redemption means that fund investors sell their fund shares from fund companies and get cash income. In the actual operation process, many investors are troubled by the decline in the net value of the fund the day after redemption because they don't know enough about the fund redemption mechanism. Then when the fund is redeemed, we will deduct money when the net value of the fund falls. What should we think? This paper will analyze it from many angles.

Angle 1: the cost of fund redemption

Fund companies will deduct certain fees from investors when redeeming. There are two main types: redemption fee and subscription fee. Among them, the redemption fee refers to the fee that fund investors need to pay when redeeming, which is usually about110000 to11000; Subscription fee refers to the fee that investors need to pay when purchasing funds, usually around five thousandths to five thousandths. It should be noted that the subscription fee only needs to be paid at the time of subscription, not at the time of redemption, and the redemption fee is deducted at the time of redemption. In order to attract customers, some fund companies will charge redemption fees at the time of redemption and return some of the fees to investors.

Angle 2: fund net value fluctuation

Net fund value refers to the proportion of the net asset value of the fund to the total share of the fund. The net value of the fund will fluctuate, which is mainly affected by the profit and loss of asset investment. When the investment account of the fund makes money, the net value will rise; Losses will lead to a decline in net worth. Therefore, when the fund is redeemed, if the net value of the fund fluctuates after redemption, it may lead to a decrease in redemption income. If redemption occurs when the net value of the fund falls, the reduction of redemption amount will be more obvious.

Angle 3: Changes in the market environment

The income from fund redemption not only depends on the fluctuation of the fund's own net value, but also is influenced by the market environment. When the market situation is unfavorable, it is inevitable that the investment income of fund companies will decline, and investors may suffer losses when redeeming. In addition, the redemption occurs when the fund manager changes posts or the fund is reorganized, which will also affect the fund performance and lead to the decrease of investors' income after redemption.

From the above three perspectives, the fund redemption will be affected when the net value of the fund fluctuates, but there may be greater income changes when the market is unfavorable or the fund company changes internally. Investors should carefully choose investment products according to their own risk tolerance and investment needs, and understand the redemption mechanism and expenses of fund companies to avoid losing income.