When the fund is faced with the extreme situation of huge redemption or suspension of redemption, fund investors may not be able to redeem it in full with the net asset value of the unit fund on that day. If investors choose to postpone redemption, they will bear the risk that the net asset value of the unit fund will fall on the subsequent redemption date.

Risk of unknown purchase and redemption prices

When investors buy and sell funds on the same day, the net asset value of the reference unit fund is the data of the last fund trading day, but the net asset value and trading price of the fund on that day are still uncertain. Therefore, investors have to bear certain unknown risks.

Fund investment risk

Like closed-end funds, open-end funds are also faced with investment risks brought about by price fluctuations in the securities market.

Institutional operational risk

It mainly includes system operation risk, management risk and operation risk.

Force majeure risk

Refers to the risks brought to fund investors in the event of force majeure such as war and natural disasters.