How to redeem the money fund?
The redemption of money funds can be mainly divided into online redemption and offline redemption. The specific analysis is as follows:
1, online redemption
Online redemption refers to the redemption of investors through the fund company website or mobile phone investment APP. Ordinary investors only need to log on to the fund company's website or mobile phone investment software to find the corresponding money fund, then choose redemption, enter the redemption amount, transaction password and other related information, and finally click OK. The redeemed funds will reach the investor's fund account within the specified time.
2. Offline redemption
Offline redemption is generally carried out through the offline sales organization of the fund or the customer service center of the fund company. Investors can apply for the redemption of the monetary fund in the fund sales plan or the service center of the fund company, fill in the redemption application form and confirm the relevant identity information according to the instructions of the staff, and wait for the result. If the redemption is successful, the funds will be transferred to the fund account within the specified time.
Investors should note that the redemption of money funds is generally T+ 1 or T+2, and a small part of it is T+0 (such as the money fund in Alipay), that is, after the investor submits the redemption application, the funds will reach the investor's account within 1-2 working days after submission. According to the regulations of fund companies, different types of money funds may have different redemption times.
And try to avoid holiday operations when redeeming. For example, the fund you bought is T+ 1, which will be redeemed on Friday, and may not arrive until next Monday or Tuesday, usually before 3 pm on the trading day.
Is there a limit on the amount?
Different monetary fund redemption methods have different restrictions on the amount, and the specific analysis is as follows:
1, general redemption
There is generally no limit on the amount of money fund redemption. Investors can choose to redeem all the shares at one time, or they can choose to redeem them in batches, which is subject to the provisions on investors' purchase of money fund products.
2. Quick redemption
According to the Guiding Opinions on Further Regulating Internet Sales and Redemption of Money Market Funds, which was implemented on June 8, 2008, the maximum withdrawal amount of T+0 redemption business of a single money fund held by a single investor in a single investment channel in a single natural day is set at10,000 yuan.