Purchase before 0/5: 45 on weekdays afternoon/KLOC, which is valuable on that day; 7*24-hour real-time redemption, with a limit of 50,000 during non-trading hours and no real-time redemption limit during trading hours. Shanxi Securities Tian Li Money Market Fund is a money fund wealth management product issued by Shanxi Securities. Redemption is generally used in the economic field, especially in funds. The applicant sells the fund share in his hand at the published price and recovers the cash, which is customarily called fund redemption.

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1. Is the net redemption value of the fund calculated according to today?

It depends on the redemption time. If it is redeemed before 15 pm, according to today's calculation. If it is redeemed after 15 pm, it needs to be calculated according to the next trading day. If it is redeemed after Friday afternoon 15, it needs to be calculated according to the net value of next Monday, because it is not traded on holidays.

Fund redemption follows the principle of "unknown price". Submitting the redemption application before the trading day 15:00 is different from submitting it after the trading day 15:00, and it is also different from the non-trading day. In fact, buying a fund is the same. Buy before 15 and confirm the share according to today's net value. Buy after 15 and wait for the next trading day.

2. Is stock redemption good or bad?

Stock redemption generally refers to the redemption of pledged shares by listed companies, which means that the operating conditions of listed companies have been improved. It is good news to have extra funds to repurchase pledged shares, which will attract a large number of investors in the market to buy them, thus pushing the stock price up.

3. How many days will the fund be redeemed?

① The quick redemption of monetary fund can realize the redemption on the same day, and the ordinary redemption adopts T+ 1, that is, the next day redemption;

② Redemptions of index funds, bond funds, stock funds and hybrid funds will be received within T+ 1 day, which means that these funds can be received within 1 day at the earliest after redemption;

The redemption time of ③③FOF fund and QDII fund is different, the fastest is 2 days, and the slowest may take 4 days or even longer.

4. How to calculate the redemption rate of 1.5%?

The redemption rate 1.5% generally refers to the handling fee required for fund redemption. The redemption fee of 10000 yuan is10000 *1.5% =150 yuan. Redemption fee = redemption share * net value of fund unit on redemption date * redemption rate. Redemption rates are all fund handling fees, which refer to the fees paid to the sales organization when buying and selling funds, and are used to compensate the costs incurred by the fund sales organization in handling fund trading procedures.

5. Is it good or bad to sell convertible bonds back?

Convertible bond resale refers to compulsory redemption, which is a special agreement. After the agreement is reached, investors can convert shares, and if they are unwilling to convert shares, they will be forced to redeem them. Therefore, it is a basic business, and there is no difference between good and bad. When selling back, it mainly depends on the change of stock price, and the trend is good; A bad stock price trend may be bad.