If there is a huge redemption, it is estimated that the fund company will suspend the redemption. Public Offering of Fund Company rushed to implement the new short-term redemption fee before the last time. After the implementation of the new regulations, investors who hold the Fund for less than 7 days will be charged a redemption fee of not less than 1.5%.
The implementation of the new regulations can effectively prevent some people or institutions from using insider information to quickly purchase and redeem for arbitrage. Fund managers should strengthen the management of investors' short-term investment behavior and treat open-end funds other than money market funds and transactional open-end index funds.
Extended data:
The introduction of fund redemption is as follows:
A redemption fee of not less than 65,438+0.5% shall be charged to investors whose holding period is less than 7 consecutive days, and the above redemption fee shall be fully included in the fund property. The aforementioned situation and handling methods shall be agreed in the fund contract and prospectus in advance, and the fund company will modify the fund contract and custody agreement and other relevant legal documents according to this new regulation.
Announcement on Revising Some Terms of Fund Contract and Custody Agreement and Relevant Rules for Adjusting Redemption Fees of Fund Departments shows that the fund manager has adjusted the redemption rate corresponding to the continuous holding period of the Fund less than 7 days (excluding) to 1.5%, and the proportion of redemption fees included in the fund property to 100%, from March 3, 2065438 to/kloc-.
People's Daily Online-Recently, the pressure of fund redemption has increased sharply.
People's Daily Online-Beijing No.1 Fund cannot redeem 40 people. The reported amount exceeds 20 million.