Why can't the fund be redeemed?
There are rules for fund redemption. For example, new funds generally have a closed period, during which they cannot be redeemed or bought, followed by closed funds, which can only be redeemed on the open day of the fund, and other times are closed periods and cannot be redeemed.
Therefore, when investors buy funds, they should see the details of Chu funds clearly. If the fund is closed and needs money recently, don't buy it. When you buy a fund, you should plan your future funds.
What are the reasons for the failure of fund redemption?
It is possible that the fund cannot be redeemed when it is in a suspended or unexpired state, or it is not allowed to be redeemed in stages in the case of dividends and split. Secondly, there is a situation where the transaction password is wrong. Trading funds need to enter the trading password, and the transaction failed with the wrong password.
Generally, it will prompt the reasons for the failure of fund redemption. If there is no prompt, you can consult the customer service of the fund company. Generally speaking, the fund implements the T+ 1 transaction, and redeems the share on the second trading day after the afternoon of the same day 15. After the share is confirmed, the funds will arrive in the account, and the arrival time is 1-3 working days. Because the funds are different, the situation will be different.