1. If you apply to sell the fund units you hold at the published price and receive the cash, it is customarily called fund redemption.

2. Fund redemption means selling. Listed closed-end funds are sold in the same way as general stocks.

3. Open-end funds hold all or part of the fund on hand and apply to sell it to the fund company to redeem your money.

4. The amount obtained from redemption is the number of units of the fund sold multiplied by the net value on the day of sale.

5. How to handle the redemption amount: The redemption amount is calculated by multiplying the actual confirmed effective redemption share by the net value of the fund share on the day of application and deducting the corresponding fees. The redemption amount is rounded to two decimal places. A portion of the assets represented are owned by the Fund.

Extended information

1. When investing in funds, if you need to redeem a stock fund, and the company's fund conversion implements the T+1 system, then you can First convert the stock fund into a currency fund, so that your fund can be converted into a currency fund the next day. The redemption of currency funds is generally implemented on T+1, so the time spent in transit for fund redemption is saved by one day. .

2. Use system trading. Now most banks and fund companies have opened fund investment reservation redemption services. As long as investors agree on the redemption price and time in advance on the bank or fund company's online trading system, by then, even if the investor has no time to operate, the system will follow the instructions. The investor's instructions automatically complete the transaction. In this way, you no longer have to worry about how many days it will take for the fund redemption to arrive in your account.