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What does it mean to cancel and postpone the fund redemption?
Select "Deferred", that is, when there is a huge redemption of the fund, your unpaid share on that day (T day) will continue to be postponed to the next day.

Select "Cancel", that is, the share not redeemed on T day, to cancel the redemption. Redemption generally takes t+5 working days, and holidays are postponed.

Whether at the bank counter or online banking, you can choose "extension" or "no extension" on the application form. The general redemption process of open-end funds is: T day is not reported, T+ 1 has been reported, and T+2 has been completed. The fund subscription and redemption can only be said to be successful if it is confirmed by the T+2 system.

Extended data

Fund redemption skills

First: Look at the market outlook before operating.

The income from fund investment comes from the future. For example, if you want to redeem stock funds, you can first look at whether the future development of the stock market is a bull market or a bear market. When deciding whether to redeem, you should make a choice on the timing. If it is a bull market, it can be held for a period of time to maximize the benefits. If it is a bear market, redeem it in advance and put it in the bag.

Second: switch to other products.

Converting high-risk fund products into low-risk fund products is also a kind of redemption, such as converting stock funds into money funds. This can reduce the cost, the conversion fee is generally lower than the redemption fee, while the money fund has low risk, equivalent to cash, and the income is higher than the current interest. Therefore, conversion is also an idea of redemption.

Third: regular fixed redemption

Like regular investment, regular fixed redemption can do daily cash management and stabilize market fluctuations. Fixed-term redemption is a redemption method of fixed-term investment.

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