What are the selling rules of Alipay Fund?
The selling rules of Alipay fund are based on the first-in first-out rule, and the selling fee of the fund is closely related to the holding time. In general, the formula of Alipay fund redemption is: total redemption amount = redemption amount * net value of fund shares on T day, redemption fee = total redemption amount * redemption rate, redemption amount = total redemption amount-redemption fee. Among them, the holding time is mainly the highest rate within 7 days. If it is held for a specified time, it will be redeemed for free, but there will be other sales service fees and operating expenses during the period.
There are no other changes in the rules of Alipay fund sales and fund sales, and there are still some preferential rates. However, the operation on Alipay is more convenient than other fund platforms. Our operation is simply to search for money from the account balance.
To sum up, this is the Alipay fund selling rule.