There is no interest and no fund income. After redemption, there is no income before arrival.
Definition of fund redemption:
Redemption, also called repurchase, is aimed at open-end funds. If you apply to sell your fund shares at the published price and get back the cash, it is customarily called fund redemption. Redemption of the fund is selling. Listed closed-end funds are sold in the same way as ordinary stocks. Open-end fund is the price for applying to sell all or part of your fund to a fund company to redeem you. The redemption amount is the number of units selling the fund multiplied by the net value on the selling day.
Definition of closed-end fund:
Closed-end fund refers to a securities investment fund that has determined the total amount of issuance and the issuance period at the time of establishment, and fixed the total amount of issuance within the prescribed period after issuance. Investors of closed-end funds can't redeem their fund shares from the issuer during the fund's existence, and the realization of fund shares must be listed and traded on the stock exchange. The circulation of fund shares is listed on the stock exchange, and investors must bid on the secondary market through securities brokers in the future.
Definition of open-end fund:
Open-end fund, also known as * * * mutual fund, refers to a fund operation mode in which fund sponsors can sell fund shares or shares to investors at any time according to their needs and redeem the issued fund shares or shares at the request of investors. Investors can buy funds through fund sales agencies, so that the assets and scale of the fund will increase accordingly, or they can sell their fund shares to the fund to recover cash, so that the assets and scale of the fund will decrease accordingly.