What are the steps of fund subscription and redemption?
The steps of fund subscription and redemption are as follows: Apply for subscription or redemption. Investors must apply for subscription or redemption to the fund sales outlets within the trading hours of working days in accordance with the procedures stipulated by the fund sales outlets. Confirmation of daily subscription and redemption applications. The fund manager shall take the day when the application for subscription and redemption is received as the application date for subscription and redemption? (t day), and confirm the validity of the transaction before T +2 working days (including today). Investors can make trading inquiries to the fund sales outlets within T+2 working days and beyond. Payment of daily subscription and redemption application: When investors apply for subscription, they will transfer the full subscription amount through the designated account. The subscription has been fully completed. If the funds are not paid in full, the subscription is unsuccessful and the fund manager will return the unsuccessful or invalid subscription. Redemption: After the investor's redemption application is completed, the money successfully redeemed will be allocated to the fund holder (redeemer) within T+7 working days.