Current location - Trademark Inquiry Complete Network - Tian Tian Fund - What are the reasons why the fund cannot be sold? Look at these.
What are the reasons why the fund cannot be sold? Look at these.
Just because you buy the fund doesn't mean you can take it out. You must sell your fund shares first and wait for the settlement of the fund company. When many people sell funds, they will encounter situations where they can't sell them. What's going on here?

Why can't the fund be sold?

1 The Fund is not open for redemption or suspended for redemption. Different fund products have different reasons for suspending redemption. If a fund has suspended redemption arrangements, you can inquire about the reasons for the suspension of redemption through the fund company official website.

2 There is an error in the operation of the exchange menu. The redemption rules of the Fund are based on its requirements. If you don't know about online redemption, you can bring your ID card to the account opening business department during trading hours.

3 is a closed-end fund, which cannot be redeemed during the closed period and can only be redeemed after the closed period.

4. If the available quantity is insufficient, the available quantity of funds bought on the same day will be displayed as 0, and it will take the next trading day to sell (except for funds traded in T+0); After the consignment sale, whether the transaction is completed will occupy the available shares.

5. The entrusted quantity is illegal. The entrusted quantity is 65,438+000 and its integral multiple. If the fund shares are less than 65,438+000 at the time of sale, it can be sold at one time.

6 Outside trading hours, OTC funds can submit redemption applications at any time, but OTC funds can only apply for redemption during trading hours.

Arrival time of fund sales:

Ordinary open-end funds can be redeemed on T day, and whether the redemption is successful or not can be confirmed on T+2 day. If the redemption is successful, the funds will generally arrive in T+4 working days (T+3 at the earliest).

The rules of QDII are different from those of ordinary money funds. QDII is redeemed on T day, and it is generally confirmed whether the redemption is successful on T+3 day. If the redemption is successful, the funds will generally arrive within T+ 13 working days. The redemption of ordinary money funds on T day is generally confirmed on T+2 day. If the redemption is successful, the funds will arrive on T+2.

The above is the introduction of why the fund can't be sold, which is subject to the specific provisions of the fund company. Fund redemption fee = redemption share ×T-day fund unit net value × redemption rate.