When the fund loses 20%, you must first know whether the money you buy the fund is idle money, which has little influence on yourself. If the impact is not big, just idle money, investors still have most of the money, then we must consider the reasons for the decline of the fund. Look at whether the fund is the market as a whole or the industry sector, or whether the fund manager has a problem with his own configuration. First find out the reason, and then decide whether to continue holding or redeeming, or redeeming part or leaving part to wait and see.

When the fund is redeemed depends on whether the fund is profitable. For example, if an investor buys a fund and redeems it after the fund rises by 20%, then it is profitable. If the fund is redeemed after losing 20%, then the fund is losing money.

In addition, it is worth noting that when the fund is redeemed, a redemption fee is required. Generally speaking, the redemption fee is related to the holding time of the fund. The longer the holding time, the lower the general redemption rate. Some of them will be exempted from the redemption rate if they are held for a long time, which is mainly based on the fund details.

Generally speaking, when buying funds, it is recommended to buy low and sell high to make money, so when buying and selling funds, we must pay attention to the position where the funds are bought.

Redemption, also known as repurchase, is aimed at open-end funds. Investors directly or through an agency request the fund management company to withdraw part or all of the investment from the fund and remit the repurchase money to the investor's account. People usually refer to funds mainly as securities investment funds.

If you apply to sell your fund shares at the published price and get back the cash, it is customarily called fund redemption. Redemption of the fund is selling. Listed closed-end funds are sold in the same way as ordinary stocks. Open-end fund is the price for applying to sell all or part of your fund to a fund company to redeem you. The redemption amount is the number of units selling the fund multiplied by the net value on the selling day.

The sales organization of the Fund includes the fund manager and the agency entrusted by the fund manager. Fund investors shall purchase and redeem fund shares in the business premises where the sales organization handles fund sales business or in other ways provided by the sales organization.

The subscription and redemption of the fund shall start within 3 months after the fund contract comes into effect, and the fund manager shall make an announcement on at least one designated media and the fund manager's Internet website (hereinafter referred to as the "website") 2 days before the specific date of subscription and redemption. Fund redemption generally requires two working days for system confirmation and then liquidation. The fund subscription and redemption can only be said to be successful if it is confirmed by the T+2 system.