When operating fund redemption, the trading system sometimes asks investors to choose between redemption cancellation and redemption extension, but many people don't know the meaning and difference between redemption cancellation and redemption extension, how to choose it, and what impact it will have after the choice. So is the fund redemption option postponed or cancelled?

1. Whether to postpone or cancel the fund redemption?

Postponement of fund redemption means postponing the redemption of outstanding shares to the next open day, while cancellation of fund redemption means canceling outstanding shares, and investors can continue to submit redemption applications on the next open day.

Cancellation or deferred redemption will only take effect if there is a huge redemption. If there is a huge redemption, whether it is postponed or cancelled, it will have no effect on a single redemption application.

So what is a huge redemption? According to the provisions of the Pilot Measures for Open-ended Securities Investment Funds, if the net redemption application share of the fund exceeds 65,438+00% of the total share of the fund within a single open day, it will be regarded as a huge redemption. Redemption postponement and redemption cancellation are aimed at the redemption share of funds exceeding 10%, and the main purpose is to limit the huge redemption.

Second, the difference between fund redemption extension and redemption cancellation

If deferred redemption is selected, the successfully redeemed part will continue to be redeemed on the next open day, and the redemption price will be settled according to the price of the next open day.

If you choose to cancel the redemption, then the fund will enter the next cycle. If redemption is needed again, investors should choose another open day to submit the redemption application, and the redemption price will be settled at the current price.

The above content about whether to postpone or cancel the fund redemption option, I hope it will help you. Warm reminder, financial management is risky and investment needs to be cautious.