Current location - Trademark Inquiry Complete Network - Tian Tian Fund - What is Alipay's fund open day?
What is Alipay's fund open day?
The fund open day refers to the working day when registrants accept investors' fund redemption and redemption applications.

You can check the open day in the corresponding Alipay fund. Because the open day refers to the date of the fund's account opening, subscription, redemption, account cancellation, loss reporting and transfer as stipulated in the fund contract and stated in the prospectus.

The concept of fund open day is specifically aimed at open-end funds, which refers to a working day for investors to handle a series of businesses such as account opening, subscription, redemption, account cancellation, loss reporting and transfer. Under normal circumstances, open-end funds can handle a series of businesses such as account opening, subscription, redemption, account cancellation, loss reporting and transfer for investors on any working day. However, because a single fund has its own development characteristics, it will make non-theoretical adjustments in real time. For example, if the subscription scale of the fund is too large, the fund company will suspend the subscription, conversion and other businesses for a period of time, or suspend the redemption business halfway to protect the rights and interests of investors. This requires a fund open day to handle business.