If the fund does not confirm the share, it can cancel the entrustment order, and the funds will be returned to the investor's account in the same way after cancellation. For the fund's transactions before 3 pm on the trading day, the cancellation needs to be before 3 pm on the trading day.

If the fund has confirmed the share, then investors can only sell the fund. If they buy a new fund, then the new fund usually has a three-month closure period, after which investors can sell it. If they buy closed-end funds, they can only sell them after the closed-end period.