The redemption (refund) time is: the holder can apply for it from 0: 00 on October 23rd, 2020 to February 22nd, 2020 1 15: 00. After that, the holder will not accept the application for conversion into B shares, and B shares will be cancelled. Holders who have not opted out will continue to hold their original shares.
After the temporary collapse of the IPO of Ant Group, the managers of five "Ant Wars" funds with a total scale of 60 billion put forward a new redemption plan.
Five innovative future funds plan to add Class B shares, which are only used by existing fund share holders to apply for withdrawal. When the holders submit their applications, they can convert their shares into Class B shares and redeem them automatically.
All fund share holders of Innovation Future Fund shall be exempted from the fund management fees, custody fees and sales fees of affiliated institutions charged by various institutions according to the contract from the establishment of the fund to February 22, 2020.
Extended data
On February 22, 2020 15, the one-month withdrawal period of five innovative future funds officially ended. After the cancellation of the B share that the holders have chosen to withdraw from, the innovative hybrid funds of five fund companies, Huaxia, Huitianfu, Penghua, CEIBS and E Fund, will continue to be closed in the next 18 months.
The 18-month closure period of the innovation future is calculated from the fund establishment date 10-9. According to the contract, after the expiration of1August, the fund will be converted into an open-end fund and can be redeemed flexibly.
In other words, the remaining closure period of the fund is about 15 months, and it will be officially opened on April 9, 2022, accepting subscription and return.