With the continuous improvement of people's financial awareness, more and more people buy funds, and the channels for buying funds are also very rich. When investing in open-end funds, buying and selling are generally called subscription and redemption. The following is how long it will take to redeem the fund. Let's have a look!
The fund redemption time is:
1, and the redemption time of the money fund is generally T+ 1 working day;
2. The redemption time of equity funds is generally more than T+3 working days;
3. The redemption time of bond funds is generally T+3 days;
4.QDII funds are generally T+ 10 working days;
Generally speaking, the time for fund redemption is generally T+2 to T+4 trading days.
Funds are mainly divided into money funds, stock funds, bond funds and QDII funds. Monetary fund is an open-end fund, which mainly gathers idle social funds, operated by fund managers and kept by fund custodians. It specializes in investing in low-risk money market instruments, which is different from other types of open-end funds and has the characteristics of high security, high liquidity, stable profitability and "quasi-savings".
How many days does the fund usually arrive after redemption?
In practice, the time of fund redemption is different from the time when investors submit redemption applications, the time when fund companies confirm shares, and the product types of funds, as follows:
1. Generally speaking, if the fund purchased on the Internet consignment platform is operated by investors before 3 pm on the same day, it will be received before 24 pm on T+2, and if it is redeemed by investors before 3 pm on the same day, it will be received before 24 pm on T+3. Of course, if you buy a money fund on the Internet platform, there is generally a quota of 1 10,000.
2. If the investor purchases through a bank or securities company, it may take 3-5 working days after the investor submits the redemption application. Because banks and securities companies confirm their shares late, they also arrive late.
3. If investors buy QDII funds, they will generally receive them within 4-7 working days after submitting the application. Because QDII funds invest in overseas markets, there is a time lag in the capital market and foreign exchange is needed, so the arrival time is relatively late.