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What is compulsory redemption of funds? What if it is compulsory redemption?
Compulsory redemption refers to the compulsory redemption of fund shares held by investors by managers or fund registration agencies according to established business rules when investors do not apply for redemption. Compulsory redemption mainly refers to the following two situations:

1. When investors redeem, when a redemption leads to less than 500 fund shares in the trading account of the consignment agency, the balance must be redeemed together;

2. If the investor's account balance in the agency is less than 500 due to other reasons (such as re-custody, non-transaction transfer, etc.). ), allowing redemption of less than 500 shares, but it must also be redeemed at one time.

Tips: The above information is for reference only. For details, please contact the official customer service consultation of the fund company, subject to the official information released by the fund company.

Reply time: 202 1-07-05. Please refer to the latest business changes announced by Ping An Bank in official website.

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