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What are applications and redemptions?
What are applications and redemptions?
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Written by Snowball Team
Updated over 4 months ago

Application

An application is a request to purchase units in a fund. Once an application request is made, the application will be processed as per the application terms outlined on the fund information page and within the fund documents found on the fund information page.

Redemption

A redemption is a request to sell units in a fund. Once a redemption request is made, the redemption will be processed as per the redemption terms outlined on the fund information page and within the fund documents found on the fund information page.

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