Fund financing is also one of the ways for investors to obtain income, but it should be noted that when operating fund redemption, the trading system sometimes requires investors to choose between redemption cancellation and redemption extension. So, what does it mean to postpone the large redemption of the fund?

What does it mean to postpone the large redemption of funds?

In general, the extension of fund redemption means that the outstanding redemption shares are postponed to the next open day, and the cancellation of fund redemption means that the outstanding redemption shares are cancelled, and investors can continue to submit redemption applications on the next open day. Redemption postponement means that when the fund manager thinks that the investor's redemption application will cause relatively large fluctuations in the net asset value of the fund, the fund manager will postpone the remaining redemption applications on the premise that the redemption ratio accepted on the same day is not less than 65,438+00% of the total fund share on the previous open day.

Summary: 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. In addition, when the redemption is postponed to the next trading day, the redemption amount will be calculated according to the net fund share value of the next trading day.