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What does Public Offering of Fund's redemption closure mean?
The closed period of the fund means that the fund has successfully raised enough funds. After the fund contract comes into effect, investors' applications for fund share redemption will not be accepted for some time. According to the regulations, the fund can not be closed for more than 3 months. ?

Public offering fund, financial vocabulary, as opposed to "private offering fund". A fund that publicly issues beneficiary certificates to socially unspecified investors. In our country, it takes the form of contract organization. Under the supervision of the competent government departments, there are industry norms such as information disclosure, profit distribution and business restrictions.

Public Offering of Fund () refers to a securities investment fund that raises funds from public investors in an open way and mainly invests in securities. Publicly raise funds through the mass media, and promoters gather public funds to set up investment funds for securities investment. Under the strict supervision of the law, these funds have industry norms such as information disclosure, profit distribution and operation restrictions.