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What is deferred redemption of funds?
1. Fund deferred redemption means that when huge redemption occurs, when the net redemption amount of open-end funds (the balance after deducting the total number of redemption applications) exceeds 10% of the fund size, and the redemption acceptance ratio is not less than 10% of the total fund size, the fund manager can postpone the remaining redemption applications. When fund investors apply for redemption, they need to choose the huge redemption processing method of redemption application between continuous redemption and cancellation redemption.

2. Redemption, also known as repurchase, is aimed at open-end funds. Investors directly or through an agency request the fund management company to withdraw part or all of the investment from the fund and remit the repurchase money to the investor's account.