According to the inquiry of successful wealth management network, due to the different share and amount, the fund redeemed the share instead of the principal. At the time of redemption, the data obtained by investors when redeeming fund shares is equal to the redemption amount. It should be noted that fund redemption follows the principle of unknown price trading. Therefore, funds redeemed by investors before 15: 00 on the same day shall be submitted on the same day, and the redemption amount shall be calculated according to the net value announced that night. If the investor redeems the fund after 15: 00 on the same day, it shall be submitted on the next trading day, and the redemption amount shall be calculated according to the net value of the next trading day.
Redemption refers to the behavior that the holders of open-end fund shares demand the fund manager to redeem the fund shares according to the provisions of the fund contract.