1. Partial redemption method: the fund manager distributes the number of redemption applications of investors at a share ratio of not less than the total unit share 10%; If the investor fails to redeem this part, the investor shall clearly state the extension or cancellation of redemption when submitting the redemption application. The default way for the registration center is for investors to cancel the redemption.
If you choose to postpone the redemption, it will be automatically transferred to the next open day to continue the redemption until it is fully redeemed; If you choose to cancel the redemption, some applications that have not been redeemed on that day will be revoked. The application for deferred redemption is handled together with the redemption application on the next open day, and there is no priority. The redemption amount is calculated according to the net value of fund shares on the open day.
2. Full redemption: When the fund manager thinks that he has the ability to pay the investor's redemption application, he should follow the normal redemption procedure. How to deal with the redemption amount of the fund: the redemption amount is the actual confirmed effective redemption share multiplied by the net value of the fund share on the application day and the corresponding expenses are deducted, rounded to two decimal places, and the assets represented by the rounded part belong to the fund.
Extended data:
Except in the following circumstances, the fund manager shall not refuse to accept or suspend the redemption application of the fund investor:
1, force majeure;
2. The stock exchange is abnormally closed during trading hours;
3. The fund manager may suspend accepting the application for redemption of the Fund when there is a continuous huge redemption due to market fluctuation or other reasons, resulting in difficulties in cash payment of the Fund;
4. Other circumstances permitted by laws, regulations and rules or other special circumstances stipulated in the fund contract and recognized by the China Securities Regulatory Commission.
In case of the above situation, the fund manager will immediately file with the China Securities Regulatory Commission on the same day. The fund manager will pay the accepted redemption application in full; If it is temporarily unable to pay, it will be distributed to the redemption applicants according to the proportion of redemption applications accepted by each redemption applicant to the total redemption applications accepted, and the rest will be paid on the following working day.
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