Engaged in financial management for so long, it seems that I have never heard of redemption period. Do you mean that after buying a fund, the fund must not be redeemed for some time? We call this period the closed period of the fund.

Fund redemption is not calculated according to the net value of the day, only the redemption of money market funds is calculated according to the net value of the day, and other funds. All are subject to the closing price of the day, but it should be noted that. The redemption of a bunch of funds is t+7, which means that it can only be redeemed after 7 days. Deal must be made on the seventh day when throwing. Therefore, there is a certain time limit. Money market funds are all t+2 and can be redeemed in 2 days. There are no procedures for buying and selling money market funds!