There is a redemption fee for redemption, also called the redemption rate, which will deduct part of the amount, so the actual amount will be less.

The fund redemption rate, referred to as the redemption fee, refers to the handling fee that investors need to pay to the fund company when they sell fund shares.

Redemption refers to the transaction in which investors sell their fund shares to the fund company during the duration after the fund is established, thereby obtaining cash.

Usually, redemption takes the form of share redemption. The so-called share redemption method means that when investors sell fund shares, they submit a redemption application to the fund company based on the number of fund shares redeemed, rather than the amount sold.