The fund has not recovered its instinct to reduce its position. As long as investors' funds are in the open period, investors can reduce their positions. It's just that investors need to pay attention not to lighten their positions within 7 days of buying, so investors have to pay a redemption fee of not less than 1.5%, which is not cost-effective.

Investors can lighten their positions as long as they make an analysis before lightening their positions and feel that they are suitable for lightening their positions. However, funds are long-term investment tools, so it is not recommended for investors to make frequent timing transactions because the transaction cost of funds is relatively high.