If you are optimistic about the market outlook, it is best to split the fund, and it is not cost-effective to get cash for fund redemption.
The share of the graded parent fund in the general account of personal securities can only be purchased and redeemed. According to the redemption method of ordinary open-end funds, those submitted before 15 are deemed as the same day. If you want to trade on the floor, the mother share can only be split into A and B for sale.
Extended data:
Capital splitting sounds complicated, but it is actually very simple to understand. Generally speaking, it is the practice of splitting the fund share into several shares according to a certain proportion. For example, at a specific split point, the net fund value is 1.60 yuan. If the fund is split at this point, the split ratio is 65,438+0: 65,438+0.60, that is, the original 65,438+0 fund shares are split into 65,438+0.60 funds.
In overseas markets, fund share splitting is a very common marketing method. Their usual practice is to split the fund share when the net value of the fund share is high; When the net value of fund shares is low, the method of fund share consolidation is adopted. Many large fund management companies have split (merged) their funds many times, and there have been many cases of fund share split (merged) in Asian and Singapore markets.
Baidu Encyclopedia-Fund Split