1. If your fund is suspended or pending confirmation, the redemption will fail;
2. After redemption, the remaining share of the account is lower than the minimum holding share stipulated by the fund company;
3. In the case of dividends, division, etc. , installment redemption is not allowed;
4. The transaction password is wrong. When buying and selling funds, you need to enter the transaction password, and the transaction failed with the wrong password;
5. The fund company may have a huge redemption, and the fund company can confirm the failure.
Redemption, also known as repurchase, is aimed at open-end funds. Investors directly or through an agency request the fund management company to withdraw part or all of the investment from the fund and remit the repurchase money to the investor's account. People usually refer to funds mainly as securities investment funds.
monetary limitation
1. If the balance of fund shares held by fund share holders is less than 1000 due to a redemption, all fund shares in the balance must be redeemed together.
2. The fund manager may, according to the market situation and with the permission of laws and regulations, adjust the above-mentioned quantitative restrictions on the subscription amount and redemption share. Before the adjustment takes effect, the fund manager must make an announcement on at least one designated media and the fund manager's website, and report to the China Securities Regulatory Commission for the record.
Redemption time
1. The subscription and redemption of funds shall start within 3 months after the fund contract comes into effect, and the fund manager shall make an announcement on at least one designated media and fund manager's Internet website (hereinafter referred to as "the website") 2 days before the specific date of subscription and redemption. Fund redemption generally requires two working days for system confirmation and then liquidation. The fund subscription and redemption can only be said to be successful if it is confirmed by the T+2 system.
2. The general redemption process of open-end funds is: failure to report on T day, completion on T+ 1 daily newspaper and T+2 day. The fund subscription and redemption can only be said to be successful if it is confirmed by the T+2 system. It is normal to display the uncommitted orders on the submission date (T date). Even if the order is placed around 2:50, as long as records are found in the entrusted inquiry, it will generally be submitted on the second trading day (T+ 1 day) and completed on the third trading day (T+2). And then after liquidation. Therefore, open-end funds generally take about 4 working days. Other overseas funds are generally within 10 days.