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Can funds purchased on different fund platforms be redeemed on the same platform?
No, funds purchased from different fund platforms cannot be redeemed on the same platform and need to be redeemed on their own platform.

Fund redemption process

First determine whether to redeem the fund, then enter your own investment software to redeem it, then check whether your own fund is redeemed, then redeem it, and finally confirm whether the redeemed funds have arrived. In addition to cash income, fund redemption can also convert the original fund share into another fund share. The specific redemption process is relatively simple.

Fund customers can send their own redemption instructions through the internet, telephone, fax, etc., or directly to the counter of fund companies or consignment agencies. After receiving this instruction, the customer will check this instruction with the information left by the customer in the fund company to confirm the customer's funds and redemption account.

At present, the international standard for fund redemption on the same day is calculated according to the net value of the day. However, in addition to the redemption fee, some fund companies will directly calculate the quotation by buying and redeeming. Redemption applications submitted before T day (i.e. redemption date) 15: 00 are calculated according to the net value of the current day, and redemption applications submitted after 15: 00 are calculated according to the net value of the next trading day; Fund redemption will generate costs. Generally speaking, the longer the holding time, the lower the interest rate and even no cost, which is announced by the fund company; The redemption process of funds invested through other platforms is basically the same.

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