Cathay pacific fund redemption arrival time
It depends on the time of fund redemption. Redemption before the day 15:00 is calculated according to the net value of the fund announced after the close of the day; Redemption orders declared after 15:00 are subject to the closing price of the next day. Fund companies need to settle funds after receiving the instructions to redeem customers, so it takes some time to redeem funds. Even if the same fund is sold in different banks, the redemption time of the fund will be different.
The redemption time of the money fund is "t+1";
The redemption time of stock funds is generally "T+5" or "T+7".
Note: T refers to the redemption application submitted before 3: 00 pm on the same working day. The fund redemption time is calculated according to working days. In case of Saturday and Sunday, the arrival time will be delayed.