How Tian Hong Fund Redeems with Alipay?
If you use Alipay to purchase Tian Hong Fund, you can redeem the fund through the following operations:
1. Enter Alipay, click the account connection, find my financial management, and then click "Manage";
2. Make sure that your fund can only be redeemed after being confirmed by Tian Hong Fund Company;
3. At least 100 copies shall be exchanged. You can use Alipay payment password and dynamic password to exchange directly.
How to redeem Tian Hong Fund?
1. Issue redemption instructions: customers can issue fund redemption instructions by fax, telephone, Internet, etc. , or visit the direct sales center or agency outlets of Tian Hong fund companies.
2. Redemption price benchmark: the redemption price of the fund is the net value of the fund on the redemption day, plus the redemption fee.
3. Receiving redemption money: When investors redeem funds, they can't get the money on the trading day. Generally, the money will be taken out after three to five days, and it will not exceed seven days at the latest. Investors can ask the fund company to remit the redemption money directly to their bank account or send it to investors by cheque.
Note: The fund manager can postpone the processing of the remaining redemption applications on the premise that the proportion of redemption accepted on that day is not less than 10% of the total fund share. The rejected part can be postponed to the next open day, and the redemption amount can be calculated according to the net asset value of the fund on that open day. In other words, when you encounter a huge redemption, you may get a full redemption on the same day, or you may get a partial redemption on the same day, or you may delay payment. The deferred redemption money shall be paid within 20 working days.
Under normal circumstances, when the payment is delayed due to huge redemption, the fund manager shall notify the fund investors by mail, fax or other means specified in the prospectus, explain the relevant treatment methods, and make an announcement in the designated media at the same time; The longest notice and announcement time shall not exceed three trading days of the stock exchange.