The rebound comes after a traumatic 2008 for the industry, during which the average fund lost nearly 19% and there was a wave of redemption demands from investors.
When any of the circumstances specified in the first paragraph of this Article ceases to exist, the fund manager shall promptly pay the redemption monies.
本条第一款规定的情形消失后，基金管理人应当及时支付赎回款项。
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Part two analyzes the liquidity risk of the open-ended fund about redemption.