Profits and losses are normal in the market, but many friends want to redeem when they lose money. Can redemption avoid losses? What should I do if I lose money buying funds? Here is a brief explanation for you, hoping to help you.
A friend asked: I saw the fund fall today, and felt that I might lose money. If I redeem the fund immediately, can I avoid the loss later?
Let's first make clear the trading time of the fund. The subscription and redemption of OTC funds are based on 3:00 p.m. on the trading day. The subscription and redemption of OTC funds are made before 3:00 p.m. on the trading day, and the transaction is based on the closing net value at 3:00 p.m. The purchase and redemption after 3:00 p.m. on the trading day shall be uniformly counted as the transaction at 3:00 p.m. on the next trading day.
For example, if the stock market fell by 1% on Wednesday morning and the redemption index fund was operated, the transaction would actually be closed at 3:00 p.m. on Wednesday at the net value at the closing. In fact, no matter whether the closing of the day was up or down, it would have to bear.
Fixed investment index fund is a long-term process. It is recommended to implement it according to the plan. Do not operate blindly because of short-term ups and downs. The fluctuation of the stock market is a very normal phenomenon.
