The initial closed-end fund is the closed-end fund you bought, which is equivalent to putting money in the bank. After the fund company issued this fund, in order to make the funds in the fund market stable enough, this closed option was set up. That is, it is closed in nature. If you buy this closed-end fund, you can't use the money for a certain period of time, but although your money is closed, you can get higher returns. If you buy the open one, he may only give you 5 points in return, but the closed one can give you 6 points or even 7 points in return.
Also, in order to avoid the instability of the fund market caused by a large number of redemptions in a short period of time, the fund is closed for a period of time, that is, you can redeem your fund once every once in a while, and you can't trade at other times. You can only buy it, but it will be very troublesome if you can't sell it. But when you buy this fund, you should specify it in the product agreement. You should read this thing in advance, because it directly determines whether the trading mode of your fund is completely closed, intermittently closed or open.
When buying a fund, you should have patience and confidence in the fund manager, and don't want to sell yourself easily. Because the selling fee rate within 7 days is 1.5, you may not earn 1 150 million yuan within 7 days. Originally, you were losing money. Now that you have sold this fund again, you have taken the handling fee of 1.5 yuan, and 1000 yuan will be deducted from you, so you may lose more.