Investing in funds is to obtain income, and fund dividends are to distribute part of the fund's income to investors who hold funds in cash. Except for short-term financial management, the funds in Alipay will not be redeemed automatically, and investors need to redeem them manually. If investors want to redeem it, they need to set it up.

How does Alipay set up automatic redemption of funds when they expire?

Users of 1 need to log on to the personal Alipay homepage, and then click on the total assets in my account.

2 After the page jumps, users need to find wealth management products and click to enter the next page.

3 Then the user needs to click on the automatic renewal in the upper right corner of the wealth management product, click in the jumped page to find the change, and choose to redeem at the same time.

According to the investment standards of funds, closed-end funds cannot be redeemed at any time before maturity, and only open-end funds can be redeemed at any time. Moreover, after applying for subscription, there is a certain closed period, which cannot be redeemed, and it can only be redeemed after the closed period.