1. If the last subscription time is T+2 (T is working day), all fund shares can be redeemed. If only part of the fund is redeemed, the redemption amount will be allocated according to the principle of buying first and then redeeming.

2. The share redemption method of dividend reinvestment is the same. There is a basic rule for fund redemption, which is called the "unknown price principle". It means that the investor submits the fund redemption application before the trading day 15: 00, that is, the net value of the fund on that day is used as the trading price; If it is submitted after trading day or non-trading day 15: 00, the net value of the fund on the next working day is the trading price. For example, the daily closing time of the A-share market is 3 pm, but the basic overall situation is often set at around 2: 30 pm, and it is clear whether the market is up or down. If investors intend to redeem a fund in the near future, it is best to watch the market around 2: 30 in the afternoon in recent days, understand, observe and grasp the changes in the market in time, and then issue a redemption application after sizing up the situation.