1. What do you mean by fund redemption?
Fund redemption refers to the behavior that fund holders sell their fund shares to fund managers to get back their funds. Effective redemption applications submitted by fund holders before the trading days of Shanghai Stock Exchange and Shenzhen Stock Exchange (9: 00 am-afternoon 15) and afternoon 15) will be confirmed by the net value of the fund calculated on that day according to the principle of unknown price. Applications submitted after 15 in the afternoon are usually confirmed by the net value calculated on the next fund open day.
Second, what does huge redemption mean?
Huge redemption means that when the net redemption amount of an open-end fund on that day exceeds 65,438+00% of the fund scale, the fund manager can suspend other redemption applications when accepting the redemption ratio above 65,438+00%.
When applying for huge redemption, fund holders can choose to continue redemption or cancel redemption. Continuous redemption means that investors apply for deferred redemption and choose to redeem on the next fund open day.
3. Can the fund redemption be revoked?
For the redemption application submitted within the fund business processing time of the day, the fund holder can submit the cancellation before 15, and the fund company is allowed to cancel it, but it is not allowed to cancel the redemption application after 15 or 15, and the same is true for the fund subscription application.
Well, that's enough about what fund redemption means and related knowledge. I hope it helps you. Warm reminder, the fund is risky and needs to be cautious in investment.