When redeeming the fund, you need to enter the redemption share, which can be partial redemption or full redemption. Many investors reported that when applying for redemption of their own funds, Yan Shun was prompted by the system, and many investors did not understand what this meant.

What does it mean to postpone redemption of funds?

It refers to the delay of fund redemption, that is, the redemption is delayed to the next trading day, which usually occurs in the scene of huge fund redemption, because after the redemption of huge funds, the redemption share is limited.

For example, if there is a huge redemption in fund redemption, you must choose whether to postpone redemption. If you choose to postpone redemption, the redemption will not be completed on the same day and will be postponed to the next trading day; If you choose not to postpone the redemption, the redemption will not be completed on the same day and will not continue on the next trading day.

Huge fund redemption:

Huge redemption refers to the situation that the net redemption application of an open-end fund on a single open day exceeds 10% of the total fund share. According to the Interim Measures for the Management of Development Funds, the redemption of more than 10% can be postponed; Redemption applications within the limit of 10% shall be distributed to the applicants according to the proportion of each household to the total application amount.

Net value of fund redemption:

The transactions of non-monetary funds within 0:00- 15:00 on the fund trading day are calculated based on the net value of the day, and the funds are traded at unknown prices. Generally, the net value of the day is announced the next day, and the net value of transactions on 15:00-24:00 and non-trading days is calculated.

Fund redemption can only be operated after subscription/subscription confirmation. After purchasing a fund, it often takes 2 trading days to confirm the share. If you buy a closed-end fund, you can't redeem it during the closed period.