Redemption of the fund is selling. Listed closed-end funds are sold in the same way as ordinary stocks. Open-end fund is the price for applying to sell all or part of your fund to a fund company to redeem you. The redemption amount is the number of units selling the fund multiplied by the net value on the selling day.

Redemption place of the fund: the sales organization of the fund includes the fund manager and the agency entrusted by the fund manager. Fund investors shall purchase and redeem fund shares in the business premises where the sales organization handles fund sales business or in other ways provided by the sales organization.

Extended data

The skills of fund redemption are as follows:

1. See the market outlook before you operate.

The income from fund investment comes from the future. For example, if you want to redeem stock funds, you can first look at whether the future development of the stock market is a bull market or a bear market. When deciding whether to redeem, you should make a choice on the timing. If it is a bull market, it can be held for a period of time to maximize the benefits. If it is a bear market, redeem it in advance and put it in the bag.

2. Switch to other products

Converting high-risk fund products into low-risk fund products is also a kind of redemption, such as converting stock funds into money funds. This can reduce the cost, the conversion fee is generally lower than the redemption fee, while the money fund has low risk, equivalent to cash, and the income is higher than the current interest. Therefore, conversion is also an idea of redemption.

3. Regular fixed redemption

Like regular investment, regular fixed redemption can do daily cash management and stabilize market fluctuations. Fixed-term redemption is a redemption method of fixed-term investment.

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