Is fund redemption the principal or income of redemption?
What the fund redeems is the principal plus income, that is, the fund is converted into cost plus income, which is simply realized. If the income is negative, the money redeemed will be less than the principal purchased. If the redemption income is positive and greater than the handling fee, then the redemption money is greater than the cost of buying, and the fund's income cannot be redeemed separately.
Fund redemption adopts the principle of "share redemption", that is, applying for redemption according to share. For example, an investor proposes to sell the 10000 yuan fund instead of selling the 10000 yuan fund. The fund holder shall apply for redemption of shares through the sales organization that originally purchased the fund, and shall not handle it across institutions. When the fund share holders redeem the fund share in the sales organization, they shall meet the minimum redemption share requirements and the minimum account reserve share requirements of the fund.
1 The redemption of funds is generally confirmed at T+ 1, and the confirmation time of QDII funds, Hong Kong-funded funds and FOF funds is subject to the page prompts.
Redemption generally follows the principle of first in first out, that is, the shares bought first are sold first, which is subject to the actual regulations of the fund company.
Redemption of the Fund on the 3T day is calculated according to the net value on the 3t day. As the net value of the redemption date cannot be known in advance, the final amount received is subject to the confirmation result of the fund company.
4T refers to the trading day, with the trading day 15pm as the boundary. Transactions after 15pm are accounted for in the next trading day, excluding weekends and holidays.
When the fund is redeemed, the system will automatically calculate the handling fee. If it is held for a short time, the handling fee is high, and short-term redemption is not recommended. Moreover, the money will not arrive immediately after redemption, and it will take two days at the earliest.