2. Redemption price benchmark: In the international market, the redemption price of the fund is the net value of the fund on the redemption day. Some fund companies will increase the redemption fee and turn it into two quotations: buy and redeem. 3. Receiving redemption money: When an investor redeems a fund, he can't get the money on the day of the transaction, and usually pays it three to five days after the transaction date. Investors can instruct the fund company to remit the redemption money directly to their bank account, or send a check to investors.
After receiving the customer's redemption instruction, the fund management company will deliver the redemption money to investors through the following steps:
1. Confirm whether the redemption is valid: compare the customer's redemption application with the materials reserved by the customer, sign or seal it, and confirm the customer's identity and payment account.
2. Redemption preparation: the fund company shall summarize the purchase and redemption of the day every day and reserve the corresponding cash for the redemption of investors. For fund companies, if it is a bond fund, the interval between the trading day and the payment day is small, usually the day after the trading day; If it is a stock fund, it is usually the third or fifth day of the trading day.