1. The fund closure period refers to the three-month opening period after the establishment of the new fund, which is closed and the fund is not open for subscription and redemption.

2. There is a situation similar to the stock limit. If the fund encounters continuous large-scale redemption, it can apply to the regulatory authorities for suspension of redemption.

3. There are two restrictive clauses for general fund redemption. First, at least keep the share. In other words, if a fund is redeemed but not fully redeemed, the minimum share stipulated by the fund company must be guaranteed, otherwise the redemption will fail. Second, at least redeem the share. Fund companies will set a minimum redemption share every time they redeem, not as much as you want. The above two conditions must be met at the same time to be effective redemption, and the fund company will accept it. Finally, if it is a one-time redemption, it is not restricted by the above provisions.