How does the Redemption of Investment Funds work?
The sale operation of an Investment Fund, of which you are a part of, is called Redemption.This operation can be done at any time for open Investment Funds. For closed Investment Funds, the Redemption can only occur during a fixed period of time. Redemption Orders are not immediate, there is a period of time between the given Redemption Order and the effective deposit of the amount in the Current Account. This is called Settlement. You can see the number of days you will have to wait for the establishment of a Redemption Order in a specific Fund by consulting its Detail in "Transaction Rules".