Redemption sum意思

"Redemption sum" is a term that is used in the context of finance and investment, specifically in relation to the redemption of investment products such as mutual funds, bonds, or other types of securities. The term refers to the amount of money that an investor receives when they redeem, or sell back, their investment to the issuing company or financial institution.

When an investor redeems their investment, they are essentially selling it back to the issuer in exchange for cash. The redemption sum is the amount of money that the investor receives for their investment, which is typically calculated based on the current value of the investment and any applicable fees or charges.

For example, if an investor has a mutual fund worth $10,000 and decides to redeem their investment, they would receive the redemption sum, which would be the current value of their mutual fund shares minus any redemption fees or charges. If there are no fees, the redemption sum would be $10,000. However, if there are fees, the investor would receive less than $10,000.

It's important to note that the redemption sum can vary depending on the type of investment, the terms of the investment, and the current market conditions. Investors should always review the prospectus or offering documents for their investment to understand the redemption process and any potential fees or charges before they decide to redeem their investment.