In the fund market, investors often encounter the problem that funds are still deducting money after redemption, or fewer and fewer funds are redeemed. Why? Below we have prepared relevant contents for your reference.

After the fund is redeemed, the money is still deducted, or the funds redeemed by the fund become less, for the following reasons:

1. If the fund is sold on the same day, but its fixed investment plan is not terminated, the investor will still deduct the money if he sells the fund on the same day. Therefore, when investors are not optimistic about the fund's later trend, when they sell, they will terminate the fund's fixed investment plan by the way.

2. The Fund follows the principle of trading at an unknown price, that is, the redemption is based on the net asset value of the fund shares after the closing of the application date. If the investor sells the fund after 15: 00 on the same day, the transaction price is the fund announced in the evening of the next trading day. So the fund fell the next day and will continue to deduct money.

3. Investors still need to deduct a certain redemption fee when selling the fund. The redemption fee is inversely proportional to the number of days the investor holds the fund, that is, the longer the investor holds the fund, the less the redemption fee, the shorter the holding days, and the more the redemption fee. If the holding days are less than seven days, a high redemption fee will be charged according to 1.5% of the turnover, which will lead to less redemption funds for the investor.

At the same time, the funds redeemed by investors will not arrive immediately, which is related to the time of submitting the redemption application, the product type of the fund and the fund platform:

1, fund type

Over-the-counter monetary fund redeems T+ 1 to the account; The redemption of stock funds and bond funds may take t+2 days to arrive; Redemption of QDII funds may take t+5 days to arrive, and it will be postponed accordingly in case of holidays.

2. Redemption time

The purchase and redemption of funds generally adopt the principle of unknown price. Therefore, it will cause investors to redeem before 15:00 and after 15:00, and the funds will arrive at different times. For example, if an investor redeems the money fund before the trading day 15: 00, the settlement will be made on the same day, and the redemption fund will be in accordance with T+6550. If the investor redeems the money fund after 15: 00 on the trading day, the settlement will be made the next day, and the redemption of the fund will be delayed by one day.

3. Platform

When investors redeem funds on different platforms, the arrival time is also different. The investor's arrival time shall be subject to the arrival time. Generally speaking, investors redeem funds in securities companies and banks later than in fund companies. Part of the funds may not arrive until 3-5 working days after the investor submits the redemption application.