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How is it that the fund can't be redeemed?
Reasons why the fund cannot be redeemed:

1. The Fund cannot operate normally due to force majeure;

2. The trading hours of the stock exchange are abnormally closed;

3 laws and regulations or other circumstances identified by the China Securities Regulatory Commission.

Handling method of suspending fund redemption:

When there is a huge redemption, the fund manager can decide to fully redeem or partially postpone the redemption according to the asset portfolio status of the fund at that time.

1. Full redemption: according to normal redemption procedures.

2. Partial deferred redemption: the redemption rate accepted by the fund manager on the same day is not less than 65,438+00% of the total fund share, and the rest redemption applications are postponed.

Extended data:

Fund redemption time:

The subscription and redemption of the fund shall start within 3 months after the fund contract comes into effect, and the fund manager shall make an announcement on at least one designated media and the fund manager's Internet website (hereinafter referred to as the "website") 2 days before the specific date of subscription and redemption. Fund redemption generally requires two working days for system confirmation and then liquidation. The fund subscription and redemption can only be said to be successful if it is confirmed by the T+2 system.

The general redemption process of open-end funds is: T day is not reported, T+ 1 has been reported, and T+2 has been completed. The fund subscription and redemption can only be said to be successful if it is confirmed by the T+2 system. It is normal to display the uncommitted orders on the submission date (T date). Even if the order is placed around 2:50, as long as records are found in the entrusted inquiry, it will generally be submitted on the second trading day (T+ 1 day) and completed on the third trading day (T+2). And then after liquidation. Therefore, open-end funds generally take about 4 working days. Other overseas funds are generally within 10 days.