Fund redemption is also a normal transaction of funds. The so-called fund redemption is to sell the fund shares you hold, and then calculate the money sold by the fund according to the unit net value of the fund. After the fund is redeemed, the money sold will directly enter the user's bank card account. Generally, if the unit net value is higher than the net value at the time of fund redemption, it is profitable for investors. So can I withdraw my application after the fund is redeemed? Let's get to know each other.

Can the fund be withdrawn after redemption?

After the fund submits the redemption application, it can also be withdrawn, provided that the share has not been confirmed by the investor and the redemption application submitted by the investor is still in the state of being confirmed. Under normal circumstances, when investing in funds, the fund company stipulates that it must reply within 3 working days when receiving the application for subscription or redemption from investors. In practice, the time to confirm the fund share is T+ 1. If the invested hospital has an application for withdrawing the fund, it is best to submit the withdrawal instruction on the same day.

Generally speaking, the fund holder can submit the application for revocation and redemption before the fund trading day 15. In this case, the redemption application can be successfully revoked. If the trading day has passed 15, the fund holder can no longer cancel the submitted fund redemption application.

When trading a fund, if the investor has been unable to withdraw the redemption application of the fund, it means that the investor has sold the fund, but it will take some time for the money from selling the fund to arrive.