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Can the fund only redeem the income?
No, fund redemption is based on fund share. Only when the net value of the fund rises, will the fund gain. Fund income does not increase fund share. All fund income that cannot be redeemed separately can be redeemed in part or in whole.

Fund transactions are calculated on the basis of net value. For the same sum of money, the net value of the fund is high, the share obtained by buying is small, the net value of the fund is low, and the share obtained by buying is large. The rise and fall of the fund's net value cannot increase the fund share.