The so-called Ant War Fund refers to the fund that subscribed for new shares when the Ant Group went public. However, with the suspension of listing of Ant Group, it has also brought a big impact to the Ant War Fund. Many investors will invest in this fund only after participating in the listing of Ant Group. So can the Ant War Fund apply for a refund after the suspension of listing of Ant Group? Let's get to know each other.

Can the Ant War Fund be refunded?

The Ant War Fund can apply for a refund. In order to meet the needs of investors, Ant Fund has launched a fund refund plan. In other words, the Ant War Foundation adds a Class B share, which is only available for the existing fund share holders to apply for sponsorship. When the holder submits an application, he can convert his fund shares into Class B shares, which can be redeemed and withdrawn automatically. The time for investors to submit applications is from 0: 00 on October 23rd, 2020 to February 22nd, 2020 1 15. After this time period, they can no longer apply to convert the fund shares into class B shares. If they want to quit, they can only wait for 18 months to redeem it.

In addition, after completing the required application, the class B share will be cancelled. It is worth mentioning that the Ant War Fund said that from the establishment of the fund to February 22, 2020, fund share holders will be exempted from fund management fees, custody fees and sales fees charged by various institutions according to the contract.