Redemption, also known as repurchase, is aimed at open-end funds. Investors directly or through an agency request the fund management company to withdraw part or all of the investment from the fund and remit the repurchase money to the investor's account. So why can't the fund be redeemed in full? What is the reason?

Why can't the fund be fully redeemed?

1, special redemption rules, such as biweekly redemption, bimonthly redemption, monthly redemption, or quick redemption limit of money funds.

2. There is a special fund redemption announcement, and the fund company will make a corresponding announcement when redeeming.

3. Exchange can only be made at the exchange time.

4. Busy network or incorrect page prompts will cause the fund to be unable to redeem in full.

5. Limit the redemption amount. For example, if a redemption results in the balance of fund shares held by fund share holders being less than 65,438+0,000, the remaining fund shares must be redeemed together.

If the fund redemption is limited by the redemption amount, the general fund manager can adjust the fund redemption share limit. The fund manager may, according to the market situation and with the permission of laws and regulations, adjust the above-mentioned quantitative restrictions on the subscription amount and redemption share.