Because the funds bought by banks are all open-ended, its redemption time is 3 to 5 working days. If you buy a closed-end fund in the secondary stock market, its trading rule is T+ 1, which is much faster than that of a bank.

How many days does it take to redeem the fund network every day?

First of all, the daily fund redemption is generally charged according to the interest rate regulations of the fund company. As a third-party sales platform, it only helps to sell on a commission basis, so the time for fund redemption is similar to other platforms.

The specific redemption time depends on the settlement efficiency of fund companies, the transfer speed of banks, and the capital turnover time between different fund companies and consignment agencies, so there is often a difference of 1-2 days. If the bank you transfer your card to is the custodian bank of the fund, it may reduce the redemption time.

The redemption time of specific fund types is as follows:

1. Monetary funds and short-term debt funds generally arrive within two working days of redemption;

2. It takes five days to redeem equity funds and bond funds;

3. The redemption time of 3.QDII funds is the longest, and it will arrive in about 10 days.