Lof fund is a listed open-end fund that can be traded on the exchange, and can be purchased and redeemed through fund promoters, managers or other consignment agencies.

Lof fund subscription and redemption can be cancelled on the same day, but it must be cancelled on the working day, that is, from 9: 30 am to 1 1: 30, and from 13: 30 pm to 15: 00 pm, and the operation on that day is handled according to the transaction price of that day. As for the redemption time, it depends on the fund products. General money funds need 3 working days, and stock funds need 4~5 working days.

The principles of lof fund redemption are amount redemption and share redemption. The minimum subscription share and minimum redemption amount are different according to the regulations of each fund company. Currency subscription and redemption are free, and stock subscription is 1%~2.5%. See the fund product description or fund announcement for details.