1. The cancellation of the fund mentioned here is the redemption of the fund. The process of fund redemption of Bank of Communications: personal online banking login-online fund-my fund-share inquiry-redemption after clicking on the fund name-filling in the form, submitting the redemption share, etc. -Confirmed.-The fund was redeemed successfully.

2. If you apply to sell the fund shares you hold at the published price and recover the cash, it is customarily called fund redemption. Redemption of the fund is selling. Listed closed-end funds are sold in the same way as ordinary stocks. Open-end fund is the price for applying to sell all or part of your fund to a fund company to redeem you. The redemption amount is the number of units selling the fund multiplied by the net value on the selling day.