The net value of the fund at the end of the period means that the fund stops subscription and redemption for some reason (such as fund expiration and merger, etc.). ), and the net value of the fund will not be updated.

The net closing value of the fund means that the share of the fund can no longer be bought or sold. If investors have bought the fund before it is closed, they can still hold the fund shares, but they may not be able to obtain relevant fund information or sell it.

After the liquidation of the fund, investors can receive the corresponding redemption money or make adjustments according to the arrangement after merger or reorganization. For the risk and investment direction of the fund, investors should know in advance and invest according to the actual situation.