Can bond funds be redeemed at any time?
Whether bond funds can be redeemed at any time depends mainly on how the fund contract is agreed. After all, there are many kinds of bond funds, which cannot be generalized.
Some can be redeemed at any time; Some must be redeemed within a fixed period of time; Others have a closed period and cannot be redeemed during the closed period. However, although some products cannot be redeemed during the closed period, they can still be traded, that is, the size of the fund remains unchanged, but they can be traded in the secondary market.
Even if the purchased bond fund products can be redeemed at any time, it is best to hold them for a period of time and then redeem them. After all, if many bond fund products are held for less than a certain period of time, the handling fee will be relatively high, and redemption at that time is not very cost-effective.
Which is more cost-effective to buy bond funds or time deposits?
Investment and financial management depends on everyone's risk tolerance, and there is no more cost-effective statement. If you have sufficient funds and strong psychological risk tolerance, you can buy a bond fund, which is a kind of fund. Relatively stable in the fund, the expected return is higher than the time deposit. For investors with low risk tolerance, it is recommended to choose time deposit, which is a capital-guaranteed product in which the depositor and the bank agree on the deposit time and interest rate and withdraw the principal and interest in one lump sum after maturity.