What is the trading principle of fund redemption?
Fund redemption follows the principle of first-in, first-out, and is redeemed in the order of purchase. For example, if you bought a fund 100 on the 5th of last month, bought the fund 100 on the 20th of last month, and applied for redemption of the fund 100 on the 6th of this month, then the redemption is 65438+ bought on the 5th of last month.
Redeem the fund shares with earlier registration confirmation date first, and then redeem the fund shares with later registration confirmation date to determine the holding period and applicable redemption rate of the redeemed fund shares. Because the principle of redemption rate is: the longer the holding period, the lower the redemption rate, and even the redemption fee will be waived.
Several skills of fund redemption;
1, reduce the intermediate time of fund redemption, that is to say, try to apply for redemption before 3 pm on the trading day.
2. Choose a fund with short redemption time. Some funds have a redemption period of T+ 1, while others have a redemption period of T+2. Take this factor into account and reduce time cost and opportunity cost.
3. If a T+2 fund needs to be redeemed by fund conversion, then the fund can be converted into a monetary fund first, thus saving the time for fund redemption.
After reading the above introduction, I believe everyone can have a good understanding of the trading principle of fund redemption, and how much handling fee needs to be deducted when fund redemption will be displayed in detail in the redemption interface. When buying a fund, there will also be a description of the relevant handling fee, and investors must carefully check it.