1, the impact of holiday redemption on income

It is necessary to avoid purchasing and redeeming money funds before holidays. Because the fund's transit time is calculated according to working days, legal holidays do not calculate transit time. For example, if the money fund is redeemed on the last trading day before the Golden Week, the funds can only be received on the second working day after the seven-day holiday, thus forming T+8, and the interests of investors will be affected.

Therefore, when redeeming the money fund, remember to avoid these holidays, so as to avoid the failure to redeem the money fund on time due to holiday legal person reasons.

2. Correct redemption time

Redemption before trading day 15:00, in addition to avoiding the above holidays, we should also pay attention to the redemption operation of monetary funds before trading day 15:00 to ensure the operation of T+2 mode. At the same time, if you buy other types of funds, you can also convert them into money funds to shorten the redemption time of funds.