How to judge whether the fund redemption meets the requirements of holding for 7 days?
Fund redemption means that investors sell their fund shares and get the corresponding redemption money. There is an important restriction on fund redemption, that is, it can only be redeemed if it is held for more than 7 days. How to judge whether the fund redemption meets the requirements of holding for 7 days? The following will be explained from five aspects.
First, the time span between the fund redemption date and the subscription date.
Holding for 7 days means that the time span from the fund share subscription date to the fund share redemption date must be greater than or equal to 7 days. Before redeeming the fund, you need to confirm whether your subscription time and the time span from the redemption date meet the requirements of 7 days.
Two. Product conversion during fund holding period
During the fund holding period, if the fund products are converted, it is necessary to recalculate the holding time. The specific calculation method is: based on the date of the last product conversion, calculate 7 days forward. If the current date is within this time period, the fund can be redeemed.
Third, the impact of fixed investment and dividend reinvestment.
The fixed investment and dividend reinvestment of the fund will affect the holding time. Specifically, the fixed investment time of the Fund is calculated from the date of each fixed investment, and the dividend reinvestment time is calculated from the date of each dividend reinvestment. Before the fund redemption operation, it is necessary to exclude the fixed investment and dividend reinvestment time during the fund holding period in order to correctly calculate the holding time.
Fourthly, the influence of fund share splitting and merging.
The split and merger of fund shares will also affect the holding time. Specifically, if the fund is split, it is calculated according to the number of shares after the split, and if the fund is merged, it is calculated according to the number of shares before the merger. Before the fund redemption operation, it is necessary to pay attention to the split and merger of fund shares in order to correctly calculate the holding time.
Verb (abbreviation of verb) The time point of fund redemption operation.
You also need to pay attention to the time point of fund redemption operation. Generally speaking, the fund redemption operation needs to be completed within the fund trading day, otherwise the effectiveness of the redemption operation may be affected. Different fund companies have different requirements for redemption operation, so investors need to read the fund contract and the relevant regulations of the fund company carefully in order to operate accurately.
Summary:
The fund redemption operation needs to meet the requirement of holding for 7 days. Investors can make judgments by confirming the time span between the fund redemption date and the subscription date, product conversion, fixed investment and dividend reinvestment, share split and merger, and operation time. Before the fund redemption operation, it is necessary to carefully read the fund contract and the relevant regulations of the fund company in order to operate accurately.