Why does the fund redemption lose the principal?
The principal loss during fund redemption is mainly due to the deduction of redemption fees. Most funds need to deduct the subscription fee and redemption fee when buying and selling, so there is a situation that they have negative income just after buying, and the sold funds are inconsistent with the actual principal of the account. The amount of fund redemption fee is related to the holding time and total amount of the fund. The longer the fund is held, the less the redemption fee is deducted, and the more the total redemption amount of the fund is, the more the redemption fee is deducted.
After the fund is bought, it is generally not recommended to redeem it within 7 days, because the redemption rate of the fund sold within 7 days is1.5%; The redemption rate for holding for more than 7 days is 0.75%; The redemption rate for holding funds for more than 7 days and less than 30 days is 0.5%, and the redemption rate for holding funds for more than 730 days is zero. Therefore, the longer investors hold the fund, the lower the handling fee deducted when selling it, and the lowest is as low as zero. However, the transaction fee of each fund may be different, and investors can check the detailed trading rules of the fund when trading.
Source: Alipay
The Fund implements the t+ 1 trading system. When a fund sells a fund, it does not arrive in real time, but the next day at the earliest. Simply put, if the fund is sold before 3 pm that day, the fund share will be confirmed the next day, and it will be successfully received after 3 pm; If it is sold after 3 pm that day, then the fund will be calculated according to the net value of the next day, and the fund share will be confirmed on the third day. After 3 pm, the fund will be successful.