Redemption time of index fund
The redemption time of general index funds is T+3-4; For QDII index funds, the redemption time is generally T+8- 13 working days. If you buy a newly issued index fund, you have to wait until the fund is closed before you can redeem it. The closure period is generally about 3 months; If it is a fund that has been issued, you can apply for redemption at any time.
How to redeem index funds?
There are many kinds of index funds, some of which cannot be redeemed. Let's take a look at the redemption information of different types of index funds.
1. closed index fund. Can be traded in the secondary market, can not purchase, redemption.
2. Ordinary open index funds. You can't trade in the secondary market, but you can purchase and redeem it.
3. index ETF fund. ETF can not only be traded in the secondary market, but also be purchased and redeemed.
4. index LOF fund. LOF can be traded in the secondary market, and can also be purchased and redeemed.