Is the fund sold according to the first-in first-out rule?
Fund selling follows the first-in first-out principle, that is, when selling, priority is given to the funds bought first. For example, if you bought a fund 1000 last month and bought another fund 1000 at the beginning of this month, and intend to sell 1000 at the end of the month, then what you sold at the end of the month is what you bought last month.
Most funds are sold in first-in, first-out, but a few funds are sold according to LIFO rules, so it depends on the specific redemption rules of a fund. If you have any questions about the redemption terms of the fund, you can consult customer service.
When the fund is sold in batches, it should be noted that the remaining fund share after redemption cannot be lower than the minimum remaining share stipulated by the fund company (generally 1000). If it is lower than the minimum share, the fund manager has the right to redeem the remaining fund shares together.
After reading the above introduction, I believe everyone has a clearer understanding of whether the fund is sold according to the first-in first-out rule. Buying and selling funds in batches is a very common operation strategy, and its advantage is to change the operation strategy according to the trend of funds.