The weekend is not during trading hours, and the application submitted on Sunday will be confirmed during trading hours on Monday. If the fund is redeemed at the weekend, it is actually just a redemption order. After all, the net redemption value of the fund at the weekend is calculated according to the net redemption value on Monday, so we won't know what the net redemption value is until Monday.
The same is true for legal holidays. You can also apply for redemption of funds on legal holidays, but the redemption application must be submitted on the first working day after the holiday. The net redemption value is calculated according to the net value of the first trading day after the holiday.
Extended data:
The redemption fund is introduced as follows:
If you apply for redemption of the fund during the trading hours of the trading day, you will generally apply for redemption before 3 pm, which is calculated according to the net value of the day; Redemption applications after 3 pm are calculated according to the net value of the next day.
As for the time of fund redemption, it depends on the type of fund applying for redemption and the purchase channel. After all, different types of funds and funds purchased from different channels may have different redemption times.
People's Daily Online-Banks have redeemed a large number of outsourced products, and fund companies are a bit at a loss.
People's Network-Should the fund be redeemed after making money?