yes.

funds are divided into open-end funds and closed-end funds according to different operation modes.

the closed-end fund is fixed during the fund contract period (generally 15 years), and the share can be traded in the stock exchange, and the share holder may not apply for redemption; However, the share of open-end funds is not fixed, and they can generally apply for redemption' at any time', and sometimes there are restrictions on the amount and time. For example, this bond fund of Boss currently restricts large purchases, and its basic situation is as follows.

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PS: Funds are divided into stock funds, bond funds, money market funds and mixed funds according to different investors.