Fund investment is a popular way of financial management, and many people hope to gain income by investing in funds. So what can closed-end funds buy? Can closed-end funds be bought? Bian Xiao also prepared a closed-end fund for everyone, and purchased relevant contents for your reference.

Can closed-end funds be bought?

Recently, three-year and five-year closed-end funds began to issue and sell, and those who like intraday trading but can't control themselves can choose to buy. Most fund managers who can issue closed-end funds are well-known managers, managing more than 20 billion funds and 8 billion single funds. With such a large-scale fund structure, the probability of income will be higher than the average.

Since August, 1, 2 1, 373 funds have been established, and some large purchase restrictions have been issued. Generally speaking, the scale of such funds is above10 billion, so it is difficult for fund managers to manage, adjust positions and impact costs, which will have a certain impact on fund performance.

From the side, many fund managers may be confused about this. The old valuation system of consumer funds and pharmaceutical funds that everyone liked before has collapsed, and the performance of the previous core assets is also average. What other new tracks have higher valuations, and small funds can be bought, but the funds dare not move, because they will not chase high investment like retail investors, because buying large funds requires too much loss, and it is easy to become someone else's pick-up man.

Can closed-end funds be bought?

During the subscription period of closed-end funds, investors can subscribe. After the subscription period, the fund company will confirm the interest generated by the funds during the fundraising period to investors in the form of shares.

During the closed period, investors cannot purchase and redeem. After the closure period, investors can purchase and redeem. For example, a three-year closed-end fund, investors can not purchase and redeem within three years of its closed-end period. After three years, they can conduct normal subscription and redemption operations.

Of course, for some special closed-end funds, investors can use stock accounts to buy related funds issued in the market during the closed period. For example, during the closed period, investors can trade Ping An Science and Technology Innovation Fund in the secondary market through stock accounts.

It should be noted that during the closed period, the market fluctuates greatly, which will increase the risk of closed funds.

Can closed-end funds be bought?

(1) The income distribution ratio of the fund shall not be less than 90% of the net income of the fund.

(2) The fund income is distributed once a year in cash, and the distribution is implemented within 4 months after the end of the fund accounting year.

(3) The income of the fund in the current year can only be distributed after making up for the losses in previous years.

(4) If the fund investment loses money in the current year, no income distribution will be made.

(5) Each fund share enjoys equal distribution rights.

Conversion of closed-end funds

With 1.5 yuan money, I bought something worth 2 yuan. How is 2 yuan reflected in it?

First of all, closed-end funds generally have a duration, such as 10 years. According to the fund contract, the fund will be liquidated after the expiration, and investors can get back the net value of the fund.

1.5 yuan money is the transaction price of the fund, while 2 yuan is the net value of the fund. When a closed-end fund is liquidated at maturity, it shall be conducted according to the net value of the fund.

However, most fund management companies are reluctant to close funds, so closed funds have become the choice of most closed funds. The so-called closed-end fund is transformed into an open-end fund, so that the fund can continue to exist.

It has become the unanimous choice of closed-end funds that are about to expire. After the closed-end funds open, the secondary market disappears, and the problem of capital discount will be solved. Before the implementation of the closure, there will generally be a process of suspension and resumption of trading, and the fund price will often soar to eliminate the discount rate.

At present, the funds that have closed their positions and opened their positions have skyrocketed in this process, and the discount rate has quickly returned to zero. Therefore, the investment opportunities brought about by the closure are the return of net value and the return of discount to zero.

Closed-end funds usually have a term.

It can't be taken out without maturity, and its liquidity is relatively poor. It is not recommended to buy a closed-end fund if it is needed in the short term, because if something needs to be taken out in advance, it can't be taken out.

Generally, there will be no redemption page, that is, if there is no redemption page on the page of purchasing funds, it cannot be redeemed. So the liquidity of closed-end funds is not good, and the funds needed in the short term are not suitable for purchase.

Secondly, closed-end funds can't be taken out during the closed period, so if the fund has major problems or the fund market is not good, assuming that the fund belongs to a closed-end fund with a fixed term of one year, it means that it needs to be held for one year before it can be taken out.

Then, if the fund always falls more and rises less in this year, and investors can't come up with it, they can only watch the losses day by day, then the process will be more painful. Therefore, to buy a closed-end fund, you need to make a good capital plan in advance, or prepare a reserve fund for a rainy day.

However, it should be noted that if you choose a good closed-end fund, you can also make money, and you don't need to worry about it yourself. However, if you choose a bad closed-end fund, you will lose money behind closed doors. Therefore, you must be cautious when buying closed-end funds, and don't buy them at will.

We should analyze closed-end funds from many aspects and choose a good one, such as a good fund manager. Because funds are managed by fund managers, it is very important to choose a good fund manager. When choosing, you can give priority to fund managers with long working years, so that they have more experience, and then you need to refer to the rate of return on employment, how to manage past income and so on. Then look at the fund's past income, fund size, morning star level, investment direction, etc., all of which should be taken into account.