Fund redemption generally requires system confirmation before liquidation. The redemption time of different funds is different. Open-end funds are generally T+3 or T+4. When investors are in a hurry to use money, they always want to redeem it faster. What if the fund redemption is slow?

First, the factors that affect the fund redemption time.

1, the stronger the liquidity of fund assets, the shorter the redemption time;

2. If the total redemption amount of the fund on that day is large, even companies with strong asset liquidity will find it difficult to complete the redemption request quickly, especially equity funds;

3. There are some necessary fund transfer processes for fund redemption. The more settlement steps, the slower the arrival time.

Second, what should I do if the fund redemption is slow?

1, fund conversion

The redemption time of different types of funds is different. For example, the redemption time of money funds is generally T+ 1. For example, if you hold both the monetary fund and the equity fund of the same fund company, when you want to redeem the equity fund, you can use fund conversion to convert the equity fund into the monetary fund and then redeem it according to the monetary fund. Generally, T+ 1 is adopted for fund conversion. Therefore, compared with direct redemption of stock funds, redemption after conversion can save at least one day.

Step 2 avoid holiday redemption

The transit time of the fund does not include legal holidays, such as weekends, Spring Festival and National Day. If you apply for redemption on holidays, you have to wait until after the holidays to calculate the transit time, and during the holidays, the fund has neither expected wealth management income nor deposit interest. Therefore, investors should try to avoid redeeming funds on holidays to maximize the expected returns.

The above content about how to deal with the slow redemption of funds, I hope to help everyone. Warm reminder, financial management is risky and investment needs to be cautious.