Standard process:

Buy the sub-fund on T -> T+ 1 day merger-> Redeem the parent fund on T+2.

T-day subscription of parent fund -> T+2-day split-> T+3-day sale of sub-fund.

Reporting time for fund split and merger:

1. The fund can be merged and entrusted to the night market, from 20: 00 on T- 1 day to 5: 00 on T-day, from 9: 30 to 1 1: 30 in Deng Zhong, and from 13 to/in the afternoon. Please note that the delegation returned after 9: 30. At present, only the customer's declaration does not meet the requirements. Once it is invalid, the share will be unfrozen immediately.

2. Purchase the share of the parent fund on T day, split it on T+ 1 day, and cancel the order. If you buy a sub-fund on T day and merge on T day, you can cancel the order.

3. If the parent fund purchases on T day, it can be redeemed on T+2 day.

4. The starting point for subscription of parent shares of graded funds is 1000 and 50000. Every fund is different. Please refer to the fund prospectus of the fund company.