What is the cancellation and extension of fund redemption?
According to the relevant regulations, when a huge amount of redemption occurs, if the fund manager has difficulty in paying the investor's redemption application or thinks that realizing the realization of assets by paying the investor's redemption application may lead to large fluctuations in the fund's net asset value, the fund manager may suspend the processing of the remaining redemption applications on the premise that the redemption ratio accepted on the same day is not less than 65,438+00% of the total fund share of the previous day. Redemption applications transferred to the second working day do not enjoy priority, and the redemption amount is calculated according to the net asset value of the fund unit on the open day, and so on until all redemptions are made, but investors can choose to cancel some redemptions that were not accepted on that day when applying for redemption. Therefore, when applying for redemption, investors should clearly indicate whether to cancel the redemption part that was not accepted on that day, that is, choose "cancellation of redemption" or "deferred redemption". If the investor fails to make a choice, it will be defaulted as deferred redemption.