什么叫63天开放申赎？

中文

63天开放申赎，是一种基金运作方式，也是基金产品设计中常见的条款之一。它指的是基金在成立后，投资者可以在特定的63天周期内，根据自身的需求和资金安排，随时申请赎回其持有的基金份额。这种机制为投资者提供了相对灵活的投资选择，使得他们可以在不需要长期持有基金的情况下，根据市场情况和自身的投资策略，灵活调整自己的投资组合。

63天开放申赎的设计，有助于增强基金的流动性和市场适应性。对于投资者而言，这意味着他们可以在较短的时间内实现资金的回笼，避免了长期锁定资金的风险。同时，这种机制也有助于基金管理人更好地管理基金资产，优化投资组合，以应对市场的变化。

然而，63天开放申赎也存在一定的风险。由于投资者可以随时赎回基金份额，基金管理人可能面临资金流出的压力，这在一定程度上会影响其投资策略的执行和基金的长期表现。因此，投资者在选择此类基金产品时，需要充分了解其运作机制和风险特点，谨慎做出投资决策。

英文

The term "63-day open redemption" refers to a common clause in fund product design, indicating a specific operation mode of funds. It means that after a fund is established, investors can apply to redeem their held fund shares at any time within a designated 63-day period, based on their own needs and fund arrangements. This mechanism offers investors relatively flexible investment options, allowing them to adjust their investment portfolios flexibly according to market conditions and their own investment strategies, without the need to hold the fund for a long term.

The design of 63-day open redemption enhances the liquidity and market adaptability of funds. For investors, it means they can realize the return of their funds within a shorter period, avoiding the risk of long-term lock-in of funds. At the same time, this mechanism also helps fund managers better manage fund assets and optimize investment portfolios to respond to market changes.

However, there are also certain risks associated with 63-day open redemption. Since investors can redeem their fund shares at any time, fund managers may face pressure from outflows of funds, which can affect the execution of their investment strategies and the long-term performance of the fund to some extent. Therefore, when choosing such fund products, investors need to fully understand their operation mechanisms and risk characteristics and make cautious investment decisions.