The redemption of open-end funds is the principle of unknown price. Redemption applications submitted on the premise of trading day 15:00 are calculated according to the latest net value announced by the fund company after the close of trading day, and redemption applications submitted after 15:00 are calculated according to the latest net value announced by the fund company after the close of the next trading day.

After the open-end fund is open for subscription and redemption, the fund manager shall disclose the net value of fund shares and accumulated net value of fund shares on the second day of each open day through websites, fund share selling outlets and other media.

Extended data:

The general redemption process of open-end funds is: T day is not reported, T+ 1 has been reported, and T+2 has been completed. The fund subscription and redemption can only be said to be successful if it is confirmed by the T+2 system.

It is normal to display the uncommitted orders on the submission date (T date). Even if the order is placed around 2:50, as long as records are found in the entrusted inquiry, it will generally be submitted on the second trading day (T+ 1 day) and completed on the third trading day (T+2). And then after liquidation. Therefore, open-end funds generally take about 4 working days. Other overseas funds are generally within 10 days. ?

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