The main purpose of fund holidays is to ensure that fund companies and investors can enjoy normal holidays. Most fund companies have the same closing time as banks, so during holidays, fund companies and banks will stop providing services to the outside world. This means that the trading of fund products will also be affected during holidays. Therefore, investors should consider the factors of fund holidays when choosing fund products and planning investment plans.
The existence of fund holidays also provides standardization and accuracy for the operation of fund industry. Both fund companies and exchanges need to give a prescribed holiday closing schedule before holidays, which makes fund transactions more certain and transparent. At the same time, the establishment of fund holidays is also to ensure the interests of investors, especially to stop trading in time when there are relevant information or accidents on holidays, so as to reduce the losses of investors. Therefore, fund holidays are one of the important safeguard measures for the fund industry.