Shenzhen: buy the sub-fund on T day-merge on T day -T+1day to redeem the parent fund; The parent fund purchased on T-T+ 1 day can be split (split share needs to be estimated by yourself) -T+2 daily share can be sold when it arrives.

Shanghai: The shares of the parent fund bought on T day can be redeemed, transferred out and split on T day; The share of the parent fund subscribed on T day can be sold, split and redeemed on T+2 day; Sub-shares bought on T-day can be merged on T-day and traded in real time; The parent fund shares obtained from the merger of T-day shares can be sold or redeemed on T-day; The sub-shares obtained by splitting the parent fund on T day can be sold on T day; No subscription or redemption can be made on the designated trading day; You can split and merge on the same day; The sub-funds obtained by splitting the parent fund on the same day cannot be merged on the same day.