Fund investment is a popular investment. Compared with stock investment, fund investment is less risky and often brings good returns. Compared with regular wealth management products, the purchase and redemption of funds are relatively free, and most funds can apply for redemption at any time. The redemption share of the fund needs to be confirmed when the fund is redeemed, so what does the redemption share of the fund mean? Let's get to know each other.

What does the fund redemption share mean?

Fund redemption share is the number of fund positions held by redemption investors. Under normal circumstances, the money invested by investors in the fund will be converted into position shares according to the net value of the fund unit. When redeeming, only the share is determined, and the fund amount and net value are uncertain. Redemption can only be carried out according to the fund share.

Generally, the unit net value of the fund can only be determined after the closing of the trading day, and users often operate during the trading hours, so it is necessary to determine the redemption share of the fund first, and then calculate the amount of the account according to the share and unit net value after the fund unit net value comes out. General Fund Redemption Amount = Fund Redemption Share * Fund Unit Net Value.

Fund redemption shares can often be confirmed at the time of redemption. If it is a subscription fund, the fund share is generally confirmed on T+2.