1, redemption method
In addition to fund companies, banks, securities companies and third-party platforms are common sales channels for fund products. Generally, purchased funds are redeemed at the place of purchase.
Take Alipay as an example. The path of fund redemption is: mine, total assets, fund. Select the fund product you want to redeem, and then click "Sell" below.
2. Redeem the arrival time
The redemption time of different types of funds will be different. The redemption time of general money funds is T+ 1. For example, apply for redemption before February 2 15:00, and receive it before 24:00 on February 3. The redemption time of bond, hybrid and equity funds is generally T+3 days, while QDII funds may take about 10 trading days.
For the same fund products, the redemption time of fund companies is the fastest, followed by the third-party consignment platform. The time from bank payment to account receipt is relatively slow, which generally takes 1 day on the basis of normal account receipt time.
3. Calculation of redemption amount
Fund redemption amount = (fund share * net value of unit share)-(total redemption amount * redemption rate) = total redemption amount-redemption fee.
Under normal circumstances, the holding amount can be redeemed in full, and all shares can be redeemed through operation. However, the corresponding handling fee will be deducted from the redemption amount. In case of special circumstances such as huge redemption, it may not be possible to redeem all the shares at one time.
The above information about whether the holdings can be redeemed in full, I hope it will help everyone. Warm reminder, financial management is risky and investment needs to be cautious.