Hello, it is not mandatory for a fund to be held for seven days before it can be sold, but the cost of redemption after holding for more than seven days will be much less. The redemption fee is calculated according to the part bought 7 days ago and held for more than 7 days. After 7 days, the redemption fee is calculated according to the one-day holding. To put it simply, if the fund is held for less than seven days, a high redemption fee of 1.5% will be charged according to the turnover, and the redemption rate will be reduced after seven days.

the holding days of the fund are calculated according to natural days, including weekends and legal holidays. The number of days held by the fund shall be counted from the confirmation date of fund subscription to the day before the confirmation date of fund redemption. Moreover, the principle of first-in-first-out is generally adopted in fund subscription and redemption. When investors add positions, it is better to last longer, which can reduce the cost of investors.