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What do redemption, fixed redemption and subscription in the fund mean?
If you buy a fund and want to sell it, it is called redemption.

As a part of the fund's "smart fixed investment" business, the fund redemption function refers to the service function of accepting customers' fund redemption applications for the convenience of customers. The "Yinjitong" system of China Merchants Bank implements the fund redemption plan for the fund products designated by customers according to the time limit and share requirements determined by customers.

Buying refers to buying a fund.