There is a lock-in period. Pension Goal 2035 adopts an operating model in which each transaction is locked for three years and subscription and redemption are open every day. When the target date is reached, all shares are unlocked and can be redeemed freely.

It’s a bit esoteric, but let me give you an example: For example, if you start from 2019 and invest 10,000 yuan every year on January 1, then, after 3 years, that is, starting from January 1, 2022, you can redeem 10,000 yuan every year.

Investment and income, when the target date of 2035 is reached, the foundation will be transformed into a general fund, in which the 10,000 yuan invested on January 1, 2034 can also be redeemed at any time and is not subject to the three-year lock-in period.