Whether I buy or sell, I always want to seize the best opportunity, but in the end I draw water with a sieve. Many people are consulting the best time on the day of fund redemption. In fact, they ignore that funds are different from stocks. Let's take a look at the analysis of the best time for fund redemption.

When is the best time on the day of fund redemption?

There is no best time in a day for fund redemption, because each fund has only one transaction price every day, which means that redemption is the same at any time in a day, but the premise is that a time point of fund redemption cannot be ignored. If the redemption application is submitted before 15: 00, the redemption price is the net value of the day; If the redemption application is submitted after 15: 00, the redemption price shall be the net value of the next trading day.

The net value of the fund on that day is generally announced at around 8: 00 pm. After the fund is redeemed, the investor's income is calculated according to this calculation formula: fund redemption assets = fund holding shares * net value of fund shares on redemption trading day-redemption fee. It can be seen that the redemption before or after 15: 00 will affect the total assets of investors.

After reading the above introduction, I believe you have a clear understanding of when the best time is on the day of fund redemption. Generally, the funds redeemed by the fund will arrive before 24:00 on T+ 1 day, so investors need to avoid weekends and holidays if they are in a hurry to use money when redeeming the fund.