For example, the total fund share of a fund on the previous day was 1000. Buy 100 today and redeem 2 10 today. Then the net redemption is 1 10, which is more than 10% of the previous day's 1000 fund shares, and a huge redemption occurred.
Extended data:
If the fund management company thinks that it is difficult to pay investors' redemption applications, or it may cause the net asset value of the fund to fluctuate greatly, it may suspend the processing of the remaining redemption applications on the premise that the proportion of redemption accepted on that day is not less than 65,438+00% of the total fund share of the previous day.
Investors should note that the deferred redemption will be priced according to the net value of fund shares on or after the next open day. Therefore, when applying for redemption, investors should choose whether to continue redemption in the case of huge redemption in the application form.
In addition, when the open-end fund is redeemed continuously, the fund management company can suspend accepting redemption applications according to the provisions of the fund contract and prospectus; The accepted redemption application can delay the payment of redemption money, but it cannot exceed the normal payment time of 20 working days, and it must be announced in the designated media.