NEWS





When will I receive the proceeds of the redemption?


admin

2024-05-24 05:23:04

Redemption must be settled to the respective clients account within T+7days. If you redeem within the holding period, you are subject for an early redemption fee this will be automatically deducted from your proceeds. Redemption fees are computed as follows:

Gross Proceeds = No. of Shares Redeemed x Navps
Net Proceeds = Gross Proceeds x (1 – Exit Fees)