The term of fund contract refers to the term of fund operation agreed by the fund manager and the investor after the investor purchases the fund product, usually one year or three years. During the contract period, the fund manager will manage the fund assets according to the investment strategy and investment scope agreed in the fund contract, aiming at obtaining certain returns for investors. Investors need to decide whether to renew or withdraw from the fund contract before it expires, and at the same time, they need to pay attention to the agreement of the contract term and the expenses incurred by early redemption.

The term of fund contract has certain influence on fund investors. First of all, investors need to carefully check the fund contract when purchasing the fund to understand the investment strategy, operation period and the cost of early redemption agreed by the fund. Secondly, investors need to consciously abide by the agreement during the contract period, and may not cancel or terminate the contract without authorization, otherwise they may face liability for breach of contract and cost losses. Finally, during the contract period, investors should actively pay attention to the operation of the fund, know the net value and performance of the fund in time, and make wise investment decisions.

The contract period of the fund is of great value to the operation and management of the fund. First of all, the fund contract period can standardize the investment behavior of the fund, ensure the fund manager to better maintain and manage the fund assets, and thus improve the return on investment of the fund. Secondly, the fund contract period can effectively restrain the behavior of investors and promote the healthy and orderly development of the fund market. Finally, the fund contract period can also strengthen the trust and communication between fund managers and investors and improve the transparency and fairness of the fund market. Therefore, the existence of the fund contract term is a necessary condition to ensure the operation of the fund.