Can closed-end funds be redeemed in advance?
Closed-end funds cannot be redeemed in advance. Generally, closed-end funds have a time limit. For example, the fund details will indicate that the closure period is half a year, one year, three years, two years and so on. Only when it expires can they be withdrawn. However, it should be noted that some closed-end funds will be listed and traded, so they can be sold in the secondary market.
Closed-end funds generally do not have a redemption page when they expire, that is, there is no way to redeem them. Therefore, when buying closed-end funds, it is necessary to plan the funds well, and it is best to keep the unused funds for as long as possible.
If you need this money in the short term, then you can consider open-end funds, that is, funds with no term. It usually arrives in a few days, and can be redeemed a few days in advance when necessary.
Is a closed three-year fund worth buying?
Whether a closed-end three-year fund is worth buying depends on the situation. First of all, three years is a long time. Everyone should make a good capital plan before buying. It is better to buy money that will not be used for three years, or prepare a reserve fund before buying, so that even in case of emergency, there is a reserve fund to use.
In addition, it should be noted that funds are managed by fund managers, so when choosing, you must choose a good fund manager, and you can give priority to fund managers who have worked for a long time. It is better to have more than three years of experience, because it is more experienced than the new fund manager, and the other is to look at the business return rate and the performance of managing the fund.
Then the investment direction should also be analyzed, because the rise and fall of the fund mainly depends on the direction of the fund investment target. Only when the investment direction is promising will there be the possibility of rising. If the investment direction has no development prospects, it is generally not worth buying, because the fund may fall.
When buying a closed-end three-year fund, you should think carefully, because the fund has a long term and poor liquidity. Nobody knows what will happen in the future. Even if you see that the fund is falling, if the fund has not expired, you can't redeem it. You can only wait until the fund is listed and traded or opened regularly.