The one-year fund of Southern Yuding can be redeemed at any time after its expiration, but it cannot be received immediately. The Fund can apply for redemption from the next working day after the lock-up period expires, and no redemption fee is charged.

investors apply for fund shares on the open day, but each fund share can only be redeemed on the next working day after the lock-up period of the fund share expires.

for each fund share, the lock-up period refers to the period from the effective date of the fund contract (for subscription shares, the same below) or the application date of the fund share subscription (for subscription shares, the same below) to the day before the effective date of the fund contract or the year opposite to the application date of the fund share subscription. During the lock-up period, fund share holders cannot apply for redemption, but they can apply for redemption from the next working day after the lock-up period expires.

after the contract comes into effect, if there are new securities/futures trading markets, changes in trading hours of securities/futures exchanges or other special circumstances, the fund manager will make corresponding adjustments to the above-mentioned opening days and opening hours as appropriate, but shall make an announcement in the specified media in accordance with the relevant provisions of the Measures for Information Disclosure before implementation.

Precautions for fund redemption

1. The fund manager shall take the day when the valid redemption application is accepted before the end of trading hours as the redemption application date (T day). Under normal circumstances, the fund registration institution will confirm the validity of the transaction within T+1 days.

2. redemption is based on share application, following the principle of "unknown price", that is, the redemption price is calculated based on the net value of fund shares calculated after the closing of the market on the application day;

3. Redemption follows the principle of "first-in, first-out", that is, redemption is carried out in order of investors' subscription and purchase;

4. The redemption application of that day can be revoked within the time specified by the fund manager;

5. Investors must hold enough fund share balance when submitting redemption application, otherwise the submitted redemption application will not be established;

6. after the redemption application takes effect, the fund manager will pay the redemption money within t+7 days (including that day).