The fund can be redeemed after the closed period, but it needs to be judged according to its own income expectation and capital demand. The closed period of open-end funds is generally 3 months. Only in newly established funds can this period end. The establishment process of the new fund mainly includes the following four steps: 1, subscription period; 2. The fund was established; 3. Closed period; 4 open period.

1, subscription period

During the subscription period, investors submit applications for fund subscription, and during the establishment of the fund, the subscription amount enjoys the current income. If the newly issued fund is placed in proportion, the returned funds will be returned to the fund account on the trading day 1-2 after the end of raising.

2. Establishment of the Fund

Funds are usually established about one week after the end of the raising period, and the corresponding fund shares can be found in the holding details on the next working day after the establishment.

Step 3 close the building

The opening period is generally within 3 months, during which the fund manager will invest in the fund. During the closed period, the foundation regularly announces its net value, but it cannot sell it during the closed period.

4. Opening period

The fund is open for trading. After the closure period expires, it is an open period, and you can freely purchase and redeem it.