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Why is the money redeemed by the fund less?
The reason is that the fund loses money, and the holding time is not enough to deduct the handling fee, which will lead to less fund redemption funds.

The redemption fee of the Fund is charged when investors redeem the fund shares. After deducting the redemption rate of holding period, it is 0.5% within 1 year, 0.25% within 1 year (inclusive) to 2 years, and 0% above 2 years (inclusive). (In terms of redemption fee, 1 year means 365 days, and 2 years means 730 days. Calculation formula: total redemption amount = redemption share × net value of fund share on the redemption day.