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Do I need to go through the formalities of transferring custody when applying for LOF fund on site?
1. Investors need to go through cross-system custody transfer procedures when transferring the fund shares under custody outside the exchange market.

2. Before handling the cross-system custody transfer, it is necessary to get in touch with the securities business department to which the fund share is transferred and obtain the seat number of the securities business department in Shenzhen Stock Exchange.

After verifying the above matters, investors can go to the transferor's consignment agency to handle cross-system re-custody business as required on normal trading days. At this time, investors need to fill in the application form for re-custody, indicating the seat number of the securities business department to be transferred out, the account number of Shenzhen open-end fund, the code of listed open-end fund to be transferred out and the number of re-custody, in which the number of re-custody should be an integer. T-day application for cross-system transfer custody, T+2-day fund shares can be sold or redeemed through the market.

3.LOF fund is called "open-end fund" in English and "listed open-end fund" in Chinese. In other words, after the issuance of listed open-end funds, investors can purchase and redeem fund shares at designated outlets, or buy and sell funds on exchanges.