How to withdraw from the fund closed period?
Funds cannot be withdrawn during the closed period. In other words, closed-end funds have a certain closed period, during which investors cannot purchase or redeem. Although the fund cannot withdraw during the closed period, it is profitable during this period. When its unit net value is higher than the investor's subscription, the investor may generate income, and when its unit net value is lower than the investor's subscription, it may lose money.
Did the foundation soar after the closure period?
After the fund closure period, the fund may not necessarily rise sharply. Whether the fund income will rise sharply at the end of the closed period depends on whether the heavy stocks held will rise sharply. If the closure period ends, the heavy stocks it holds will rise sharply, so will the fund after closure. Similarly, if its heavyweight stocks fall, the fund's income will also decline after the closed period.
Moreover, investors need to understand that after the fund is closed, investors can redeem the fund shares. This provision means that investors can withdraw funds through redemption after the closed period. Once the fund is closed, fund managers should pay more attention to controlling the liquidity of fund products, and the risk and cost of opening positions after the closed period are higher.