Most private placements have a 1 closure period of at least 6 months, and redemption is generally not allowed during the closure period, or a higher rate (3%) is required for redemption, and the redemption fee is waived after the closure period. If SZITIC series cannot be redeemed within 6 months after subscription, the transition period is from 6 months after subscription to 1 year, and the redemption rate is 3%. There is no redemption fee after the closure period of 1 year. Some private equity funds are determined by time, and the redemption fee is 1.5% within two years after the trust plan is established, and it will be zero after two years. In the industry, only a few private equity products do not charge redemption fees. It is worth mentioning that products are not redeemed every day after the closed period, and need to be redeemed on the designated redemption date, usually once a week, twice a week or once a month.

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1. Before redeeming private equity funds, it is suggested to do well in three aspects:

1. Give private equity funds a "physical examination". Private equity funds mainly evaluate the current development stage of the company and the status of the investment and research team. As we all know, private equity companies, like other companies, have to go through different stages of development, such as introduction, growth, maturity and recession. Different development stages will affect the net value of products to some extent.

2, 2, according to the market and style to determine the redemption period, except for a few private placements that can effectively stabilize market fluctuations for a long time, the net value of most private placement products follows market fluctuations. Therefore, before redeeming private equity funds, it is necessary to seriously consider the matching degree between market evolution and private equity style. During the redemption period, changes in the market will have a profound impact on the net worth. For large investors with a starting point of 6,543,800 yuan, there is a big difference between redeeming one month earlier and redeeming one month later. From the historical experience, wise investment first needs to be involved at a better time.

3. Carefully sort out the details of the contract. Generally speaking, the redemption of private equity funds needs to be applied several working days before the opening, and then the specific redemption amount is calculated according to the net value on the opening day. After redemption, it will take several trading days for the funds to enter the investor's account. For investors who switch private equity products, it is necessary to calculate the time difference.