Fund redemption fee refers to the handling fee paid by investors who already hold fund shares to fund managers during the existence of open-end funds. Usually the redemption fee is included in the fund assets. That is, deducted from the total assets of the fund.

How to calculate the fund redemption rate?

The handling fee for fund redemption is charged according to the share redeemed by investors. If the holding time is less than 7 days, the redemption rate is1.5%; If it is held for 7 days to 1 year, a redemption fee of 0.5% will be charged; If the fund has been held for 1 to 2 years, the fund redemption rate is 0.25% of the redemption amount; If the fund has been held for more than 2 years, the fund redemption rate is 0.

How many days will the fund be redeemed?

The redemption time of the fund is related to the type of fund and the consignment bank. The redemption time of different funds is different, even the redemption time of the same fund through different consignment banks is different. It depends on the actual situation. Under normal circumstances, the redemption time of open-end funds is about 4 working days. The redemption time of other overseas funds is generally within 10 working days.