1. Fund redemption refers to selling the fund, that is, investors require the fund company to withdraw from the fund investment and return the funds withdrawn from the fund investment to the investor's account. Simply put, fund redemption means that investors sell their funds to fund companies at published prices. Withdraw from fund investment and recover cash. Fund redemption is generally aimed at open-end funds.

2. In layman's terms, investors use their titles to directly or indirectly ask the fund management company to return part or all of their investments to the fund, and finally remit the money back to the investors. Valid redemption applications submitted by fund holders before the trading day of this open-end fund 15: 00, namely Shanghai Stock Exchange and Shenzhen Stock Exchange (9: 00 am-afternoon 15: 00). According to the principle of unknown price, confirm the net value of the fund calculated on that day. Applications submitted on or after 15: 00. It is usually confirmed by the net value calculated by the fund on the next open day.

Extended information:

1. Huge redemption refers to the single open day of the fund, and the fund redemption application exceeds 10% of the total fund share of the previous day. When there is a huge redemption application, the fund manager can choose the following two ways to deal with it:

2. The full redemption fund manager should follow the normal redemption procedures when he thinks that he can pay the investor's redemption application.

3. Some redemption fund managers will distribute the redemption amount of investors with a share ratio of not less than the total unit share 10%. Investors should clearly state that the redemption will be postponed or cancelled when submitting the redemption application.