The redemption fee of the Fund is collected when investors redeem the fund shares, and the balance after deducting marketing and registration fees belongs to the fund property. 25% of the redemption fee of the Fund belongs to the property of the Fund. The redemption rate of the Fund is not higher than 0.5%, which decreases with the increase of holding period.

Holding period redemption rate

1 0.5% in a year

1 year or more (inclusive) -2 years 0.25%

More than 2 years (inclusive) 0

Note: As far as redemption fee is concerned, 1 year means 365 days, and 2 years means 730 days.

Handling method of redemption amount: the redemption amount is the actual confirmed effective redemption share multiplied by the net value of the fund share on the application day and the corresponding expenses are deducted, rounded to two decimal places, and the assets represented by the rounded part belong to the Fund.

Example: An investor redeems 65,438+00,000 fund shares of the Fund in 65,438+0.5 years, and the applicable redemption rate is 0.25%. Suppose the net value of the fund share on the day of subscription is 65,438+0.05 yuan, and the net value of the fund share on the day of redemption is 65,438+0.25 yuan, and the back-end fee is adopted (the back-end fee means that investors do not have to pay when purchasing the fund.

Total redemption amount = 1 ten thousand × 1.25 = 1.25 million yuan.

Back-end subscription fee =10000×1.05×1.0% =105 yuan.

Redemption fee =12500× 0.25% = 31.25 yuan.

Redemption amount (the net value of fund shares on that day) =12500-105-31.25 =12363.75 yuan.

That is, investors redeem 65,438+00,000 fund shares, and the redemption amount of 65,438+02,363.75 yuan can be obtained by back-end charging. If the subscription fee has been paid at the time of subscription, then "redemption amount (net value of fund shares on that day) =12500-31.25 =12468.75 yuan".