Since closed-end funds can no longer be purchased and redeemed after their establishment, investors can only trade in the secondary market during the whole closed-end period until the maturity date, except for the units designated by the fund company when it was established. How to buy closed-end funds?

1, subscription period of closed-end funds

The raising of closed-end funds should go through five procedures: application, approval, sale, filing and announcement. At present, the raising period of closed-end funds in China is generally 3 months. The fund manager shall raise funds within six months from the date of receiving the approval documents.

In the sales of * *, there are mainly online sales and offline sales. Online issuance refers to the issuance of fund shares to the public through securities business departments all over the country that are networked with the trading system of stock exchanges. Offline offering * * refers to selling fund shares to institutional or individual investors through business outlets designated by fund managers and accounts designated by underwriters.

2. Secondary market * *

Because closed-end funds are the trading varieties of exchanges, investors can easily close funds like * * stocks as long as they have securities accounts. For citizens who do not have a shareholder account in a securities company, they can buy and sell closed-end funds as long as they bring their ID cards to any securities company to open a shareholder account, then open a capital account, and the deposits they receive (or deposit them in the bank after the bank handles the silver securities business).