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Do fund redemption and selling mean the same thing?
Many small whites who buy funds for the first time may not have a special understanding of the basic knowledge of funds. Want to know if fund redemption and sale are the same? What is the difference? Below we have prepared relevant content for everyone. Come and have a look!

Do fund redemption and selling mean the same thing?

Fund redemption and selling are the same meaning. Selling the fund means redeeming the fund. In short, it is to sell the shares held by your fund. For example, if you hold 2000 shares of a fund, you don't want to sell them all, but it is ok to sell only a part, such as selling 1000 shares, that is, redeeming 1000 shares and leaving 1000 shares in it.

What's the difference between fund redemption and selling?

Strictly speaking, there will still be a little difference, because fund redemption is sold to distribution, mainly OTC funds, that is, fund products purchased through fund companies, banks and other consignment channels, such as Alipay, WeChat, Bank APP and so on.

The fund is sold to other investors. Mainly for the funds in the field. On-site funds refer to funds listed and traded in the stock market. The A and B modes of such funds are somewhat similar to those of stocks, that is, investors buy and sell fund shares through matchmaking transactions.