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When the fund is redeemed, the holding share is, but the available share is 0. What is the reason?
There are two reasons:

1, and the fund share has been submitted for redemption. If you submit it again, it will show that it can be used as 0. You can check the redemption information in the transaction record.

2. Reservation redemption has been operated. After booking redemption, the system will automatically redeem it on the due date.

Redemption, also known as repurchase, is aimed at open-end funds. Investors directly or through an agency request the fund management company to withdraw part or all of the investment from the fund and remit the repurchase money to the investor's account.

Fund redemption means that closed-end funds are sold and listed 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.

Investment fund is an investment tool that collects the funds of many scattered investors, entrusts investment experts (such as fund managers) to invest, and investment management experts conduct unified investment management according to their own investment strategies to benefit many investors.

Investment funds pool public funds, share investment income and share investment risks, which is a collective investment method with * * * income and * * risk.

Securities investment funds raise funds from publicly offered fund shares and use the funds for securities investment.

Fund share holders enjoy the rights of asset ownership, income distribution, surplus property disposal and other related rights, and assume corresponding obligations.

Has the following characteristics:

1, the characteristics of callable securities, the issuer repays the issued securities by redemption. Redemptions are mostly based on the face value of bonds. If the issuer redeems the bonds before maturity, the holders may get premium income.

2. Investors withdraw and resell mutual fund shares. In order to avoid frequent capital flow, some management companies have time and cost restrictions on fund redemption.

Exchange conditions:

When the balance of fund shares held by fund share holders is less than 65,438+0,000 due to one redemption, all the remaining fund shares must be redeemed together.

The fund manager may adjust the above restrictions on the subscription amount and the number of redemption shares according to market conditions and with the permission of laws and regulations. The fund manager must make an announcement on at least one designated media and the fund manager's website before the adjustment takes effect, and report to the China Securities Regulatory Commission for the record.