Funds with a holding period of one year cannot be redeemed in advance. It takes one year to redeem. One-year fund holding means that each fund share of this fund has a one-year lock-up period, and the fund shares reinvested in dividends are not limited by the lock-up period.

Lock-up holding period refers to the effective date of the fund contract (for subscription shares, the same below), the application date of fund share subscription (for subscription shares, the same below) or the application date of fund share conversion (for share conversion, the same below) (i.e. the start date of lock-up holding period), and ends on the day before the effective date of the fund contract, the application date of fund share subscription or the annual registration date of fund share conversion (i.e. the expiration date of lock-up holding period).