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What does the lower limit of fund holding mean?
The minimum holding limit of a fund refers to the number of fund shares that a fund holder cannot hold below the minimum holding limit. If the fund share held after redemption is less than the lower limit, it will be redeemed automatically.

Generally speaking, a fund has a lower holding limit of 1 1,000 shares. When you redeem it, your shareholding is less than 65,438+0,000 shares, either all of them are redeemed or 65,438+0,000 shares or more remain.

Of course, the minimum holding capacity of some money funds is 0.0 1, and the regulations of each fund are different.