1. Conditions for fund withdrawal and arrival time.
* * Fund is one of the hottest investment and financial management at present. Some friends who bought the fund don't know how to return the fund, and they don't know much about the conditions and time of returning the fund. Next, Bian Xiao will explain the relevant knowledge to everyone:
Fund withdrawal refers to that during the normal trading of funds, investors can cancel the application for trading business on the same day before the deadline for applying for trading.
The withdrawal of funds can only be made for the transaction of the day, that is, the withdrawal can be made before 3 pm on the day of subscription or subscription. After this period of time, if you still decide to give up this fund, you can only choose the fund to redeem it.
If you apply to sell your fund shares at the published price and get back the cash, it is customarily called fund redemption. Redemption of the fund is selling. Listed closed-end funds are sold in the same way as ordinary stocks. Open-end fund is the price paid by holding all or part of the fund in hand and applying to sell it to fund companies for redemption. The redemption amount is the number of units selling the fund multiplied by the net value on the selling day.
Two. Information needed for fund withdrawal
Individual investors need the following information to cancel the transaction:
1. Show the original ID card and provide a copy.
2. Completed application form for daily trading of open-end funds.
Institutional investors need to prepare the following materials for transaction cancellation:
1. Completed application form for daily trading of open-end funds with reserved seal;
2. Show the original ID card of the handler and provide a copy.
3. Do you need to pay a handling fee for withdrawing funds?
Do not use short-and medium-term debt funds and money funds; Other funds charge different fees according to the holding time; There is no charge for withdrawing cash, but the funds will take up some time.
Cancellation application must be submitted before the trading day (T day) 15: 00. Your withdrawal will be transferred to your reserved bank account on T+2. Here, we must be clear that it can be redeemed before 15: 00 on the same day, and even if it is redeemed after 15: 00, there will be a handling fee.
After the fund company receives the customer's redemption instruction, it needs to settle the funds, so it takes some time. Even if the same fund is sold in different banks, the redemption time will be different. Generally speaking, the redemption time of money funds is "T+ 1", and the redemption time of stock funds is generally "T+5" or "T+7". In addition, it is worth investors' attention that the T here refers to the redemption application submitted before 3 pm on weekdays. Redemption time is calculated according to working days. In case of Saturday and Sunday, the redemption time will be delayed.
You can pay attention to the following two tips: First, use fund conversion skillfully. Many fund companies stipulate that T+0 or T+ 1 is used for the conversion of their monetary funds and equity funds. By making good use of this provision and skillfully playing the time difference, the redemption time can be shortened. For example, if you need to redeem the stock fund, if the fund conversion of the fund company is T+ 1, you can first convert the stock fund into the money fund, so that your fund can be converted into the money fund the next day, and the redemption of the money fund is generally T+ 1. In this way, the fund redemption time in transit is equivalent to saving a few days.
The second is to try to avoid redemption before holidays. For example, if you redeem the money fund on the last trading day before the Golden Week, the funds can only arrive on the second working day after the seven-day holiday, which is virtually T+8.