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Will the funds be cleared at the end of the year?
Both will do. Specific analysis of the specific situation, if investors have a certain profit, they can clear their positions before the festival to ensure some profits first. If investors are not profitable, they can continue to hold them until the fund is profitable.

You can also decide whether to clear the warehouse according to the market situation. If investors think that the market is good after the year, they can not clear their positions. If investors think that the market is average after the year, they can clear their positions.