For the redemption application submitted within the fund business processing time on the same day, investors can submit the cancellation application and cancel it before 15: 00 on the same day; After 15: 00, even if the fund is still displayed as "unconfirmed", the application cannot be revoked.
Redemption generally takes t+5 working days, and holidays are postponed. This is just a way to prevent huge redemption, and this option is also available at ordinary times.
If there is a huge redemption on the redemption date, investors can only redeem a part according to a certain proportion. If they choose to continue to redeem, the rest will automatically continue to redeem on the next trading day until they are fully redeemed. After the extension, the net redemption value is calculated according to the actual redemption date. If you choose not to postpone, the rest will not be redeemed, and you can only redeem it when you redeem it again.
Extended data:
The subscription and redemption of this fund shall start within 3 months after the fund contract comes into effect, and the fund manager shall make an announcement on at least one designated media and the fund manager's Internet website 2 days before the specific date of subscription and redemption. Fund redemption generally requires two working days for system confirmation and then liquidation. The fund subscription and redemption can only be said to be successful if it is confirmed by the T+2 system.
The general redemption process of open-end funds is: T day is not reported, T+ 1 has been reported, and T+2 has been completed. The fund subscription and redemption can only be said to be successful if it is confirmed by the T+2 system. It is normal to show that the bill is not submitted on the submission date (T day), even if the order is placed around 2:50, as long as there is a record in the entrusted inquiry.
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