In terms of redemption rules, "Yuebao" products adopt the principle of "daily subscription and monthly redemption", that is, they can be purchased 365 days a year and can only be redeemed after one month. If it can't be redeemed completely, it may be because the fund that investors bought later is waiting for confirmation, and it can't be redeemed without confirmation.

Specifically, the product is a rolling holding period product, each operation period is one month, and it cannot be redeemed before each operation period is opened. If the investor fails to redeem the product during the opening period, the product will be automatically rolled to the next opening period.

From the perspective of risks and benefits, the risk rating of "Yuebao" is R2, 1 yuan, the subscription and redemption rate is 0, and the benefits are relatively stable. However, this product belongs to net wealth management, and there is still a certain risk of net value fluctuation. Therefore, it is not a product with guaranteed capital and interest, and users with low risk tolerance are not suitable for purchase.