When is the best time for fund redemption?
The market increase of 1 has been reached;
2 meet psychological expectations.
If you find that the fund is about to enter a bear market after buying, it is recommended to redeem it in advance. Moreover, after buying, you should set a psychological profit price and redeem it in time when you reach your psychological price. The psychological profit-taking price is mostly 10%-30%.
Fund redemption is influenced by personal investment objectives, risk preference and market judgment, and even the final operation is completely different due to different types of funds bought, different buying time and different overall positions.
Fund redemption rules:
If the redemption application is submitted before the trading day 15:00, it will be calculated according to the net value of that day. If it exceeds 15:00, it shall be calculated according to the net value of the next trading day.
The number of redemption fund units shall not exceed the available share of the fund on the day of the account. When the available share is less than the minimum holding limit of the fund, it must be redeemed at one time (forced redemption).
The fund redemption rate standard shall be formulated by each fund company. In order to ensure the interests of long-term investors, according to the regulations of the CSRC, the fund company will charge more than 0.5% for redemption within 7 days. The specific rate can be viewed by clicking "Redemption Rate" on the redemption page. The holding period is calculated from the date when the transaction is confirmed successfully.
Fund redemption mainly depends on the profit-taking point set by investors themselves. It is recommended to redeem all fund shares when the income reaches or exceeds the target. In this way, we can avoid the situation that should have made money from greed to loss.