Current location - Trademark Inquiry Complete Network - Tian Tian Fund - What does the trust price of fund redemption mean?
What does the trust price of fund redemption mean?
Literally, the entrusted price is the transaction price of the fund you want to sell.

That is, the commission sold at this price.

But there are two situations:

Only when the fund is sold in the market, the entrusted price is involved, because, like stock trading, you have to give a entrusted price when you sell it, and then see if you can sell it at this price.

If the fund is traded over the counter, this is called fund redemption, and there should be no so-called commission price. Because OTC fund trading follows the principle of unknown price trading, when selling funds, the application is based on share. For example, if you apply for redemption of 10000 shares of a fund, you will not be required to enter the consignment price at this time, and the application will be based on the shares. What is the net redemption value? It depends on the latest fund net value after the close of the day. Use this net value to make a passive transaction, and there is no commission price.