What happened when the fund redeemed less than half of the money?
The reasons for less than half of the fund redemption are as follows:
1, the handling fee deducted from redemption is too much, resulting in a direct reduction of half after the fund is sold. When the fund is held for less than 7 days, the redemption fee is calculated at 1.5%.
2. Only when investors misunderstand the fund redemption share as the fund redemption amount, the fund redemption amount will be less than half.
3. If the fund loses money, it will be redeemed if it falls. Investors not only have to bear the principal loss but also pay the handling fee, so the funds become less after redemption.
When the fund is redeemed, the funds received are often different according to different fund types. General fund redemption time has the following situations:
1. If you buy a money fund on the Internet platform, the money will arrive immediately after redemption; However, if you buy money funds in banks or securities companies, the funds will arrive after 2-3 trading days.
2. If stock funds are purchased on the Internet platform, they will be redeemed before 3 pm on the same day, and the funds will be received on T+2; If it is redeemed after 3 pm, the funds will arrive in T+3 days. Funds purchased on the Internet platform refer to funds purchased through WeChat, Alipay, Tian Tian Fund Network and Jingdong Finance.
3. If you buy a stock fund purchased in a bank or securities company, the funds will arrive within 4-5 working days. Equity funds refer to some funds related to the stock market, such as index funds, equity funds and hybrid funds.
4. If you buy QDII funds, the funds will arrive in 4-7 trading days.