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 to redeem cimb unit trust will take how long?

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elisewang
post Jul 3 2014, 10:51 AM

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QUOTE(krizalid88 @ Jul 3 2014, 09:23 AM)
Hi all.. i just want to ask something regarding the CIMB unit trust. i redeem some amount from my unit trust account on 26th July via CIMBcliks & this is the 1st time i redeem my unit trust. On the status enquiry, the selling transaction has been approved by CIMB but until now i didn't receive anything. How long it will be taken for them to credit the amount redeemed to my account?  unsure.gif
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26th July, 2014? I assumed it is a typo error. The term stated is 10 working days but it usually takes only 5 working days. A conservative process time of 10 working days is designated for situation such as mass selling by existing fund investors.




 

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