No, fund redemption requires manual operation by investors, and the system will not automatically redeem it. If the fund continues to fall, triggering the risk of liquidation, it will be redeemed automatically. After the fund is liquidated, the remaining assets of the fund will be distributed to investors according to the share held by investors.

When the scale of fund assets is less than 50 million yuan for 20 consecutive trading days, the liquidation condition is triggered, and when the number of fund holders is less than 200 for 20 consecutive trading days, the liquidation condition is also triggered.