1. The reasons why open-end funds cannot be redeemed include: the fund is in the closed period after the establishment of a new fund position; the fund has suspended fund subscription and redemption business; website system problems.

It is recommended to consult the official website of the fund company directly.

2. Open-end Funds means that when the fund sponsor establishes the fund, the total size of fund units or shares is not fixed. Depending on the needs of investors, fund units or shares can be sold to investors at any time and can be used as needed.

A fund operation method in which investors redeem outstanding fund units or shares at their request.

Investors can either buy funds through fund sales agencies, resulting in a corresponding increase in fund assets and scale, or they can sell their fund shares to the fund and receive cash back, resulting in a corresponding decrease in fund assets and scale.