Redemption follows the principle of first-in, first-out, that is, redemption is carried out in the order of investors' subscription and purchase, because in general, the longer the holding period of ordinary open-end funds is, the lower the redemption rate will be, and even the redemption fee will be waived. The earlier the fund shares are bought, the longer they are held, and the lower the redemption rate. It is reasonable to use the principle of first in first out to redeem the shares bought and held for a long time.
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Precautions:
There is no so-called best time to buy and sell funds, because no one can guarantee that the funds held tomorrow will go up or down. For people who have no market investment experience, it is generally not recommended that you pursue too high a return, because the risks behind it are great, and you should leave in time after making profits.
Fund investment is an indirect way of securities investment. By issuing fund shares, fund management companies concentrate investors' funds, which are managed by fund custodians (that is, qualified banks) and managed and used by fund managers to invest in financial instruments such as stocks and bonds, and then bear the investment risks and share the benefits.
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