Generally, off-site, such as when the funds purchased by banks, fund companies and wealth management platforms are to be realized, the fund redemption operation is carried out. So, what is the net value of fund redemption? Is there any profit on the day of redemption? Xi Cai Jun has prepared relevant knowledge for your reference.

What is the net redemption value of the fund?

If the redemption application is submitted before 1 and 15:00 on the trading day, the redemption income will be calculated according to the net value of the fund after the market closes on that day.

2. If the redemption application is submitted after the trading day 15:00, the redemption income shall be calculated according to the net value of the fund after the closing of the next trading day.

3. In case of submitting a redemption application on a holiday, submit a redemption form on the first trading day after the holiday, and calculate the redemption price based on the net value published on the night of the submission date. For example, if an investor applies for redemption of a fund on Saturday, it will be calculated according to the net value announced on Monday night.

Generally, the net value of funds will not be published on the websites of major funds until around 9 pm, because the investment situation of fund managers will wait until the market closes, and the data will be sent to fund companies by exchanges, settlement institutions and bond institutions, and the net value of the day will be obtained after statistics, review and audit.

Note: During the open period, funds can only apply for redemption; during the closed period, funds cannot apply for subscription and redemption, but some funds can be transferred to the secondary market, and investors only need to go through the formalities of transferring custody on the platform they bought.

Is there any profit on the day of redemption?

There is income on the day of redemption.

If the redemption application is submitted before 1 and trading day 15:00, it will be included in the income of the day.

2. If the redemption application is submitted after the trading day 15:00, it will be included in the income of the application day and the next day.

3. The Fund does not trade on weekends and holidays. For example, if you apply to redeem the fund after Friday 15:00, you will calculate the net value of the fund on the following Monday night and calculate the income on Friday and next Monday. Friday's expected earnings will be displayed next Monday, and Monday's expected earnings will be displayed next Tuesday.