Huge redemption: on a single open day of the fund, the net redemption application of the fund (the balance between the total number of redemption application shares plus the total number of fund conversion application shares minus the total number of subscription application shares and the total number of fund conversion application shares) exceeded 65,438+00% of the total fund share of the previous day.
Partial Deferred Redemption: When the fund manager thinks it is difficult to pay investors' redemption applications or thinks that realizing the realization of property by paying investors' redemption applications may cause great fluctuations in the net asset value of the fund, the fund manager will postpone the remaining redemption applications on the premise that the redemption ratio accepted on the same day is not less than 65,438+00% of the total fund share of the previous day. For the redemption application of the day, the redemption share accepted on the day is determined according to the proportion of the redemption application of a single account to the total redemption application; If the investor fails to redeem this part, the investor can choose to postpone the redemption or cancel the redemption when submitting the redemption application. If you choose to postpone the redemption, it will be automatically transferred to the next open day to continue the redemption until it is fully redeemed; If you choose to cancel the redemption, some applications that have not been redeemed on that day will be revoked. The deferred redemption application will be processed together with the redemption application on the next open day, and there is no priority. The redemption amount will be calculated according to the net value of the fund share on the open day, and so on until it is fully redeemed. If the investor fails to make a clear choice when submitting the redemption application, the part that the investor fails to redeem will be automatically postponed.
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Simply put; That is, many people want to withdraw cash (redeem), and the fund company asks you if you want to redeem cash (postpone or not)