The reason for the fund to redeem the principal is that the fund suffered a loss, and the fund share was redeemed after deducting the handling fee.

(1) Fund losses: The fund falls during operation, resulting in losses, so the principal will be less when it is redeemed.

2 Deduction of handling fee: A certain handling fee will be deducted when the fund is redeemed, which will be deducted according to the holding time. If it is held for a short time, its handling fee will be higher, which will have an impact on the principal.

3 what is redeemed is the fund share: the fund share is not equal to the total number of users, and there will be a feeling that the fund redeems less principal, but it has not actually decreased.

Can closed-end funds be redeemed?

Closed-end funds usually cannot be redeemed, but fund shares can be publicly transferred on the stock exchange or OTC market, and the transfer price is determined by market supply and demand.