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Can a three-year fund be redeemed in advance?
No, the three-year fund is a closed-end fund. During the closed-end period, the fund can't do any transactions, so there is no early redemption. Investors can only wait until the fund expires or is listed on the stock exchange before selling it.

Closed-end fund refers to closed-end fund. Closed-end funds are closed after their establishment, and no operation can be done during the closed period. If you want to purchase and redeem, you need to wait until the fund is listed and traded or open regularly.