If the fund is split on T day, it will generally arrive at T+ 1, which means it will return to normal on the working day after the split.

The split fund can be redeemed and sold normally at T+ 1 Subject to the announcement of the fund management company.

Split open-end funds can be redeemed at any time, but the subscription will generally be suspended, and the funds will generally arrive within five working days after redemption;

When the fund is split, the net value of the fund will be unified, which will attract investors. Generally, the scale of split funds is limited, so most of them adopt the method of proportional placement, that is, investors get shares in the same proportion.

For example, the size of the fund was originally 5 billion yuan, and the split limit was 654.38+0 billion yuan, which is equivalent to only expanding by 5 billion yuan. If there is a subscription of 20 billion yuan at the time of the split, the subscription of 20 billion yuan can only be placed at a ratio of 25%. In other words, if you subscribe for 654.38+00000 yuan, the actual subscription can only reach 2500 yuan, and the rest of the funds will be refunded.