Funds are redeemed through different channels and at different times, and their arrival times are different.

Most currency fund redemptions are received on T+1.

The settlement time of each agency is different, and the arrival time is different. Investors need to consult the agency for the specific arrival time.

For currency funds sold directly online, if the investor redeems the funds before 15:00 on the trading day, settlement will be made on the same day, and the redemption funds will be credited according to the principle of T+1 day; if the investor redeems the funds before 15:00 on the trading day,

Redemption after :00 will be settled on the next day, and the redemption funds will need to be delayed by one day accordingly.

Currency funds purchased from agency agencies also follow this rule.

Money Fund Selection Tips The main function of a money fund is to gather idle funds. It is an open-end fund that is operated and managed by a fund manager and managed by a fund custodian (usually a bank). Compared with other types of funds, money funds have less volatility.

, high security and stable income characteristics.

1. Five major characteristics of money funds (1) High security: Money funds mainly invest in the money market, and the main investment scope is cash, bank deposits, certificates of deposit, treasury bonds, etc.

(2) High liquidity: Monetary funds can be subscribed and redeemed at any time, and are not affected by holidays.

(3) Stable expected returns: The expected returns of monetary funds are mainly stable, and it is rare for the expected returns to fluctuate within a large range.

(4) Low purchase threshold: The subscription threshold for currency funds starts as low as 1 yuan, which can be said to be the lowest purchase threshold among all funds.

(5) Zero-rate trading: Monetary fund subscriptions or redemptions are zero-rate, which can increase the expected returns of holders.

2. Tips for purchasing monetary funds (1) Monetary fund products with moderate asset size are the best. If the scale is too large, the expected return will be reduced due to increased management and operation costs. If the scale is too small, there will not be enough capital to negotiate with banks.

Get higher expected returns.

Therefore, only monetary funds with moderate asset sizes can achieve higher expected returns.

(2) The longer a currency fund has been on the market, the longer it has been in the market, and the more experience it has in operations and investments. It is wiser to hold a currency fund that has been established for a long time and has high-quality and stable performance.

(3) High individual holding ratio. It is better to have the highest personal holding ratio of money fund, because only in this way can the scale of money fund be relatively stable.

If the institutional holding ratio or internal holding ratio of a money fund is too large, once the institution withdraws, the money fund will be forced to sell off its assets when it has insufficient liquidity, which will have an impact on the performance of the money fund.

Very big.