In recent years, with the increasing awareness of investment and financial management, more and more people began to invest in funds. When investing in a fund, there will sometimes be situations that require full redemption. And then what? Below, this article will introduce this in detail.
First, the meaning of full redemption of funds
Full redemption of funds refers to the process that investors sell all fund shares and recover all principal and interest. Generally speaking, fund redemption is divided into two forms: full redemption and partial redemption. Full redemption refers to the redemption of all fund shares held, and partial redemption refers to the redemption of some fund shares held.
Second, the process of fund full redemption.
The whole fund redemption process is generally as follows:
1. Log in to the fund * * * or the mobile APP and enter the redemption page.
2. Select the fund products to be redeemed.
3. Fill in the redemption amount or share.
4. Choose a redemption account.
5. Confirm the exchange information.
6. Wait for the fund to process the redemption application.
7. Receive the redemption money within the specified time.
It should be noted that the redemption process of different funds may be different, depending on the provisions of the fund.
Three. Precautions for redeeming all funds
1. Understanding redemption fees: Different funds may have different redemption fees, and investors need to know the relevant fees when redeeming in full.
2. Choose the right time: investors need to choose the right time to redeem in full to avoid excessive losses when the market falls.
3. Pay attention to tax issues: the proceeds from fund redemption need to pay corresponding taxes, and investors need to know the relevant tax regulations when redeeming all funds.
4. Pay attention to the legitimacy of the redemption account: investors need to ensure the legitimacy of the redemption account when redeeming in full, so as not to cause financial losses.
Four. conclusion
Full redemption of funds is a common investment behavior, and investors need to understand the relevant processes and precautions of full redemption of funds. At the same time, investors need to choose the right time to redeem all of them according to their investment needs and risk tolerance. I hope this article is helpful to investors.