When buying, people often need to consider their own investment. How much should I invest? Therefore, when purchasing, you should convert the number of components according to the amount you want to invest.

At the time of redemption, you already hold the fund, and you also know the share number and market value of the fund on your books. Therefore, redemption according to the number of shares is not only convenient for you to master the remaining funds, but also beneficial to the accounting of fund companies.

Amount subscription means that when investors buy funds, they apply according to the amount they buy, not according to the share they buy.

Share redemption is a redemption method in which investors apply according to the share sold, not according to the amount sold. The share mentioned in the fund redemption process does not represent how much money. The redemption amount is the actual confirmed effective redemption share multiplied by the net value of the fund share on the day of application and the corresponding expenses are deducted, rounded to two decimal places, and the assets represented by the rounded part belong to the Fund.

In China, the amount subscription and share redemption are adopted to apply. In foreign countries, there are also applications through share subscription and amount redemption.

principle

The business rules of fund subscription and redemption adopt the principle of "subscription by amount and redemption by share", that is, subscription by amount and redemption by share. For example, an investor proposes to sell the 10000 yuan fund instead of selling the 10000 yuan fund.

The fund holder shall apply for redemption of shares through the sales organization that originally purchased the fund, and shall not handle it across institutions. When the fund share holders redeem the fund share in the sales organization, they shall meet the minimum redemption share requirements and the minimum account reserve share requirements of the fund.

The investor requests the fund management company to withdraw part or all of the investment from the fund directly or through a consignment agency in its own name, and remit the repurchase money to the investor's account.