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What does the fund closure mean?
"fund closure" refers to the time when the fund does not trade. Fund trading time refers to the time period during which open-end funds accept subscription, conversion, redemption or other transactions. The trading hours of the Fund are Monday to Friday from 9: 30am-1:30am, and in the afternoon13: 00pm-15: 00pm. The fund is closed on national holidays, and it is closed after 3 pm on Saturday, Sunday or trading day.

Fund is a fund in English, which generally refers to a certain amount of funds set up for a certain purpose. It mainly includes trust and investment funds, provident funds, insurance funds, retirement funds and funds of various foundations. From the accounting point of view, capital is a narrow concept, which refers to funds with specific purposes and uses. Generally speaking, funds mainly refer to securities investment funds.

The income from fund investment comes from the future. For example, if you want to redeem stock funds, you can first look at whether the future development of the stock market is a bull market or a bear market. Then decide whether to redeem or not, and make a choice on the timing. If it is a bull market, it can be held for a period of time to maximize the benefits. If it is a bear market, redeem it in advance and put it in the bag.

Converting high-risk fund products into low-risk fund products is also a kind of redemption, such as converting stock funds into money funds. This can reduce the cost, the conversion fee is generally lower than the redemption fee, while the money fund has low risk, equivalent to cash, and the income is higher than the current interest. Therefore, conversion is also an idea of redemption.