2. Fund redemption refers to the behavior that the fund share holder asks the fund manager to buy back the fund share according to the conditions agreed in the fund contract during the fund's existence. Most funds need to pay a certain redemption fee when redeeming, and the redemption fee is related to the fund type and the investor's holding period.
Since the prices of stocks and bonds held by the Fund basically change every trading day, the unit net value of each trading day will also change.
After the market closes every day, the Exchange, Deng Zhong Company and Clearing Company will feed back the transaction data to the fund company. After receiving the data, the fund company will screen and calculate it, and then send the accounting data to the custodian bank for review. After the audit is correct, the fund company shall submit it to the regulatory authorities for the record, and then make announcements one after another at 18: 00-2 1: 00 in the evening.
1. How long does it take to redeem the fund?
The redemption of funds is generally calculated on working days. For example, when it comes to Saturday and Sunday, or holidays, it will be postponed, so the time for receiving goods will be delayed. For example, the arrival date of the money fund is T+2 trading days. If it is redeemed on Monday, it can be received on Wednesday. However, if it is redeemed on Friday, it happens to be a weekend like Saturday and Sunday, then these two days will be excluded. From Monday, the arrival date is Wednesday. And so on. The same is true of all other types of funds.
The arrival date of various funds is also different. For example, money funds are generally T+2 or T+3, stock funds and bond funds are generally T+4 and QDII funds are T+9. Generally, redeeming funds through online direct selling will result in one less day's receipt, and the funds purchased from fund companies will also result in one less day's receipt.
2. How to calculate the fund redemption fee?
Fund redemption fee = total redemption amount × redemption rate, total redemption amount = redemption quantity × net value of the fund on the redemption day, and the fund redemption fee is subject to the rate announced by the fund company.
If 10000 copies of Fund A are redeemed, the net value of Fund A is 1.35 yuan, and the redemption fee is 1.5‰, then the fund redemption fee is =10000 *1.35 *1.