After receiving the customer’s redemption instruction, the fund company needs to perform fund settlement, so it takes a certain amount of time. Even if the same fund is distributed by different banks, the redemption time will be different. Generally speaking, the redemption time for currency funds is "T+1", and the redemption time for stock funds is usually "T+5" or "T+7". In addition, investors should note that the T here refers to redemption applications made before 3 pm on the same working day. The redemption time is calculated based on working days. If it falls on Saturday or Sunday, the time for redemption will be delayed.

You can pay attention to the following two tips: First, use fund switching skillfully. Many fund companies stipulate that the conversion of their currency funds and stock funds shall be implemented on T+0 or T+1. By making flexible use of this regulation and cleverly exploiting the time difference, the redemption time can be shortened. For example, if you need to redeem a stock fund, if the fund company implements T+1 for fund conversion, you can first convert the stock fund into a currency fund. In this way, your fund can be converted into a currency fund the next day. , the redemption of monetary funds is generally carried out on T+1, so that the time in transit for fund redemption is equivalent to saving a few days.

Second, try to avoid redemption before holidays. For example, if you redeem a currency fund on the last trading day before the Golden Week, the funds will not arrive until the second working day after the seven-day holiday, which virtually becomes T+8.

The buying and selling of open-end funds is called subscription (subscription) and redemption. When subscribing to a newly issued open-end fund, the fund shares cannot be officially confirmed until the fund is established. For open-end funds that have been opened for subscription, the fund shares will be officially confirmed on T+2; after redemption of open-end funds, the funds will generally arrive on T+5.

Selecting "Deferred" means that when a huge redemption occurs in the fund, your unredeemed shares on that day (T day) will continue to be postponed to the next day. You can also choose "Cancel", that is, cancel the redemption of the shares that have not been redeemed on T day.

Redemption generally takes t+5 working days, postponed on holidays.

This is just a way to prevent huge redemptions. This option is also available during normal redemptions. If a huge redemption occurs on the day of redemption, each investor can only redeem part of it according to a certain proportion. If they choose to continue to redeem, the rest will automatically continue to be redeemed on the next trading day until all is redeemed. The redemption will be postponed. The net return value is calculated based on the net value of the fund on the day of actual redemption; if you choose not to postpone, the remaining portion will not be redeemed and will only be redeemed when you redeem it again

Subscription and redemption applications on the same day can be made Cancel before 15:00 on the same day.