Zhu Fuchun Bond of Minsheng Bank is a closed-end fund of 182 days. After the closed-end fund expires, the subject matter of its investors is in a downward channel, and investors can choose to redeem the fund to reduce the losses caused by the trend of the subject matter. After the closed-end fund expires, the fund market is in good condition, and its investment target is on the rising channel, so investors can choose to continue holding it.

Closed-end funds refer to securities investment funds whose total issuance amount and issuance period have been determined at the time of establishment, and the total issuance amount will remain unchanged within the specified period after the completion of issuance. Investors of closed-end funds can't redeem their fund shares from the issuer during the fund's existence, and the realization of fund shares must be listed and traded on the stock exchange.