Can the fixed investment of the fund be redeemed early ? Today’s urban young people have joined the army of financial management, but they have one thing in common is that they can’t come up with too much money at once, so fixed investment in funds is the most suitable financial management method for them. However, when they need money urgently, they must redeem it. So, can the fixed investment of the fund be redeemed in advance?
Can the fixed investment of the fund be redeemed early?
You can stop the fixed investment at any time. There are two ways to cancel the fixed investment of the fund:
You can take the initiative to apply to stop the fixed investment agreement, or you can stop depositing money in the account associated with the fixed investment of the fund. If the fund company does not transfer money for three consecutive months, it will automatically stop the fixed investment agreement of the fund.
The funds that have been purchased will continue to be retained and will not be automatically redeemed. After the fund has made a fixed investment, its shares can be redeemed at any time like the subscription; although the fixed investment has a time limit, the investor can suspend the fixed investment at any time, and the fixed investment can also be opened again after the fixed investment is suspended.
Can the fixed investment of the fund be redeemed at any time?
To give you a positive answer first, yes. If you are in urgent need of money or do not want to continue to hold the fund, you can redeem the fund, but there is a handling fee for redemption, usually about 0.5%. If the money is small, this handling fee will not be charged. It’s nothing, but if the amount of funds is relatively large, the handling fee should not be underestimated. So how can we reduce the handling fee? The editor has learned that many fixed investment products of funds will have provisions to reduce the handling fee for one full year in order to encourage investors to invest for a long time. If you don’t particularly need the money, or you don’t want to redeem it because the fund’s performance is not good, you can wait a few months and then redeem it after the one-year deadline.