基金赎回是按照当天的净值吗

In the mutual fund industry, the redemption of funds depends on the time at which the investor submits the redemption request. If the request is made before 3:00 PM on a trading day, the redemption amount will be calculated based on the net asset value (NAV) of that day. However, if the request is made after 3:00 PM, the redemption amount will be calculated based on the NAV of the next trading day. It is important for investors to understand the timing of their redemption requests in order to accurately calculate their returns.

1. Redemption before 3:00 PM

Investors who submit a redemption request before 3:00 PM on a trading day will have their redemption amount calculated based on the NAV of that day. This means that the investor will receive the current day's NAV when selling their fund units. The redemption request will be processed, and the confirmed units will be reflected in the investor's account on the next trading day. The funds are typically received in the investor's account within 1-3 working days after the confirmation of units.

2. Redemption after 3:00 PM

If an investor submits a redemption request after 3:00 PM on a trading day, the redemption amount will be based on the NAV of the next trading day. This means that the investor will receive the NAV of the day after the redemption request is made. The redemption request will be processed, and the confirmed units will be reflected in the investor's account on the second trading day after the request. The funds will be received in the investor's account within 1-3 working days after the confirmation of units.

3. Calculation of redemption amount

The calculation of the redemption amount follows the "unknown price" principle, where the NAV at the closing time (3:00 PM) is used. If the redemption request is made before 3:00 PM on a trading day, the redemption amount is calculated based on the NAV at the closing time of that day. If the redemption request is made after 3:00 PM, the redemption amount is calculated based on the NAV at the closing time of the next trading day.

4. Trading day and non-trading day

On a trading day, if an investor redeems the fund before 3:00 PM, the redemption amount is calculated based on the NAV at the closing time of that day. The confirmed units will be reflected in the investor's account on the next trading day, and the funds will be received within 1-3 working days after the confirmation of units. If the redemption is made after 3:00 PM, the redemption amount is calculated based on the NAV at the closing time of the next trading day, and the funds will be received within 1-3 working days after the confirmation of units on the second trading day.

5. Timing and NAV calculation

The timing of the redemption request determines the NAV used for the calculation of the redemption amount. If the redemption request is made before 3:00 PM on a trading day or during the trading hours of 0:00-15:00, the NAV of that day will be used. If the redemption request is made after 3:00 PM on a trading day or during the trading hours of 15:00-24:00, the NAV of the next trading day will be used.

In conclusion, the redemption of mutual funds is calculated based on the NAV of the day or the next trading day, depending on the timing of the redemption request. Investors should be aware of the cutoff time for redemption requests in order to accurately calculate their returns.