The subscription and redemption of the fund need to be confirmed by share, and the average user needs to confirm the share after submitting the application. Only when the shares are confirmed can the subscription or redemption be considered successful. Fund trading hours and stock trading hours are generally traded from Monday to Friday. So can I redeem the fund at the weekend? Let's get to know each other.

Can I redeem the fund at the weekend?

Funds can submit redemption applications on weekends, but they cannot be redeemed immediately after submitting redemption applications on weekends. Since the weekend is a non-trading day, investors can only be regarded as issuing a redemption order after submitting a redemption application on the weekend, so people need to wait until Monday to confirm the redemption share of the fund before redeeming the fund.

Generally, if the application for fund redemption is submitted at the weekend, the fund income will be confirmed according to the net value of the fund unit at the close of Monday. As for the time of fund redemption, it depends on the type of fund applying for redemption and the purchase channel. After all, different types of funds and funds purchased from different channels may have different redemption times.

T+ 1 of the fund is traded on the trading day, and the share is confirmed on the second trading day. The trading hours of the Fund are: Monday to Friday from 9: 30-1:30, and in the afternoon 13:00- 15:00.