Second, the reasons for fund redemption

Fund redemption has its specific time and conditions. Generally speaking, the restrictions on fund redemption are as follows:

3. Redemption amount: Fund companies generally stipulate that the maximum amount that each investor can redeem every day is generally 10% to 20% of the fund share.

2. Redemption fee: The fund redemption fee includes redemption fee and redemption discount. Redemption fee refers to the fee charged by the fund company for fund redemption, which is generally one thousandth to two thousandths. Redemption discount refers to the difference that needs to be borne when the net value of the fund unit is lower than the net value of the fund.

The reasons for fund redemption are as follows: