Geekers - How to Sell Mutual Funds through the Seed Application - Every human being works in order to be able to support himself and his family. By working, we will receive wages in the form of money that we can use to meet our daily needs such as buying rice, vegetables, side dishes and dues that must be paid in our lives.
Therefore, we need to manage finances carefully, lest we waste too much of our salary on unnecessary things.
In managing finances, everyone must have their own methods and ways. One way is to set up an emergency fund or retirement fund. An emergency fund is a fund that we can take whenever we need it. While the pension fund is a fund that we save until old age.
The effective way to save money is to save it in mutual funds. Besides being able to save money safely, we will also get returns on each mutual fund we choose. Now we can also join mutual funds only by using an application on a smartphone. One of them is the application of seeds.
How to Sell Mutual Funds through the Seeds Application
Seed is a mutual fund investment application that is very safe for us to use because it has been supervised by the OJK or the Financial Services Authority. And by using seeds, we will also get many benefits such as learning about mutual funds, reading news about the world of investment and the Robo-Advisor technology in the application.
With the help of the Robo-Advisor technology, we will get recommendations for mutual fund products that suit our risk profile and also our finances. I've been using Seeds for the last 5 months, and I feel that Seeds are competent enough to handle my mutual fund investments.
Here I will show you how to sell mutual funds through the seed application. But before selling mutual funds, you need to know that if you sell mutual funds on weekdays and before 13.00, the sales transaction will be carried out on that day and the selling price or NAV will also follow that day's price.
Meanwhile, if you sell mutual funds after 13.00, the sales transaction process will be carried out on the next working day. And if you sell mutual funds on a holiday, the sales transaction process will be carried out on the first working day.
Money from selling mutual funds will be processed a maximum of 7 working days to arrive at your account. Here I am trying to sell the mutual funds that I collect, where at the start of saving my mutual funds using Robo Advisor technology.
1. The first step is to click on the Portfolio that you want to sell the mutual funds, here I will withdraw savings from the Pension Fund.
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2. Then click the Sell button which is located beside the Green Top up button.
How to Sell Mutual Funds through the Seed Application How to Sell Mutual Funds through the Seed Application
3. Here will appear a few things that you should know before you sell mutual funds. Read and understand the procedure. If so, then click the I Understand button.
How to Sell Mutual Funds through the Seed Application How to Sell Mutual Funds through the Seed Application
4. Type in the amount of funds you want to withdraw. Then click Sell.
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5. Next, an estimation of the funds that we will disburse will appear. By using seeds, we will be free from sales commissions, but for inter-bank transfer fees, we must pay them according to bank regulations. If the receiving bank and the bank account we have are the same, no transfer fee will be charged. Then click Sell.
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6. Next we have to type in the PIN to confirm the sale.
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7. Steps to sell mutual funds have been completed. To check the sales status, you can see it on the Order Status tab. To return to the main page, click the Back to Main Dashboard button.
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Thus the article that explains how to sell mutual funds in the Seeds application. Hopefully this article can be useful for you.