Three years later, Huaxia Pension Fund 2050 can go to official website to redeem each product share. It shall not be redeemed within three years from the date of subscription. After the expiration of three years, it can be redeemed daily. China Securities Regulatory Commission officially issued "Guidelines for Pension Target Securities Investment Fund (Trial)" to support Public Offering of Fund to serve individual investors in pension investment, which is considered as an important measure to give full play to Public Offering of Fund's professional investment strength in the market-oriented reform of pension investment. According to the regulations, the pension target fund refers to the long-term steady appreciation of pension assets and encourages investors to hold it for a long time; If the pension fund is open and closed regularly or the minimum holding period of investors is not less than 1 year, 3 years or 5 years, the total proportion of funds invested in stocks, stock funds, hybrid funds and commodity funds (including commodity futures funds and gold ETFs) shall not exceed 30%, 60% and 80% in principle.