The fund will start raising money tomorrow. The raising period is about 7 days. The open 12-week raising period ends. If successful, the closing period will be 3 months.

1. Different forms of existence.

Generally, the scale of open-end funds is variable, and investors can subscribe and redeem fund units at any time. In other words, the scale of the fund is variable. As long as investors are enthusiastic, the scale of open-end funds can continue to expand.

Of course, sometimes it may also be regulated by regulators due to risks.

The size of closed-end funds is immutable and has a clear duration. During this period, issued fund shares cannot be redeemed, and invested funds can only be traded through the secondary market.

Of course, closed-end funds also have opening times. The general opening time is one week, and the closing time is one year.

When it is open, investors can make proposals and investments.

2. Different transaction methods.

For general open-end funds, investors can subscribe and redeem fund shares through fund management companies or sales agencies without time restrictions.

For example, for funds that we often purchase through Alipay or third-party payment platforms, as long as we make money or need funds, we can redeem the fund shares for cash.