How to calculate the fund redemption rate?
The calculation method of fund redemption fee is to multiply the total amount of a single redemption fund by the fund redemption rate. Among them, the total amount of fund redemption is equal to the fund holding share multiplied by the fund net value on the redemption date. Generally speaking, the handling fee rate of fund redemption is related to the time investors hold the fund. The longer the holding time, the lower the redemption rate of the fund. Conversely, the shorter the holding time, the higher the fund redemption rate. For example, if an investor holds a fund for less than 7 days, the redemption rate is generally 1.5%.
How soon will it arrive after redemption?
Under normal circumstances, the redemption time of funds is t+ 1, but there are many kinds of fund products, so the redemption time is also different. For example, the redemption time of money funds and bond funds is generally t+ 1, and some money funds can realize real-time arrival, while the arrival time of stock funds and hybrid funds is generally t+2.
In addition, it should be noted that the fund redemption time is also related to the time for investors to improve the fund redemption. If the investor redeems the fund before 3 pm on the trading day, the funds will generally arrive at t+ 1 on the trading day; Conversely, if the investor redeems the fund after 3 pm on the trading day, the funds will generally arrive at t+2 on the same day.