A large number of redemptions in a single day will not affect the operation of the fund. However, due to a large number of redemptions, about 5%~25% of the fund's cash is not enough to pay, so the fund company will sell its share in exchange for cash to meet the redemption requirements, and it can only do so, because according to the fund contract, the redemption of the basic people must be unconditionally met. This led to a decline in the stock market. However, it will not affect the subscription and redemption of funds, and the subscription and redemption of funds are still normal.

Tips: The above contents are for reference only.

Reply time: 2021-12-16. Please refer to the latest business changes announced by Ping An Bank in official website.