Not counting, the holding time of a fund refers to all the time dreamed from a confirmation date at the time of subscription to a confirmation date at the time of redemption, which is the holding time. The confirmation date of the holding time of this fund is the next trading day of the fund subscription. The trading day is T+ 1, except weekends or legal holidays. If the purchaser purchases the fund on a certain trading day, such as Wednesday, then Thursday is the confirmation time. If it is redeemed before the next Wednesday, it will arrive on Thursday and be held for 8 days. For example, if you apply for funds one day before the National Day, the first trading day after the National Day holiday is the confirmation day. Apply for fund redemption the next day, T+ 1 redemption. Although the money is in 10 days, it is only held for two days.

1. In general, the holding time of the fund is divided into the following situations: the holding period of the subscribed fund shares is calculated from the effective date of the fund contract (the effective date of the fund contract is the first day); The holding period of subscribed fund shares is calculated from the date of subscription confirmation. For example, investors subscribe for the fund on T day, QDII funds are confirmed on T+ 1 day and on T+2 day, and the holding period is calculated from the date of confirmation; The redeemed fund shares are not calculated from the redemption confirmation date. For example, the investor redeems the fund on T day, QDII fund is confirmed on T+ 1 day and on T+2 day, and the holding period is not counted from the confirmation date;

2. The holding period of converted fund shares shall be calculated from the confirmation date of conversion. If the conversion is made on T day, QDII fund will be confirmed on T+ 1 day, and the holding period of the converted fund will be calculated from the confirmation date;

5. The holding period will not be calculated from the date of conversion confirmation. For example, QDII funds are confirmed on T+ 1 and T+2, and the holding period is not counted from the confirmation date.

3. The holding time of closed-end funds is calculated as follows: 1) The original share of the original closed-end fund is calculated from the effective date of the fund contract of the transformed open-end fund; 2) The holding time of newly-added shares after share conversion is calculated from the next working day after centralized subscription; 3) The holding time of the fund shares subscribed during the centralized subscription period is calculated from the next working day after the centralized subscription;

4. The holding period of increased fund shares for dividend reinvestment is recalculated from the share confirmation date, in which the confirmation date of dividend reinvestment shares of QDII funds is the next working day (R+2 days) of the equity registration date, and the confirmation date of dividend reinvestment shares of other funds except QDII funds is the next working day (R+ 1 day). The fund holding period refers to the period from the confirmation date of fund subscription (conversion transfer) to the natural day before the confirmation date of redemption (conversion transfer). Note: 30 days in a month, 90 days in three months and 365 days in a year.