Funds can be divided into open-end funds and closed-end funds. One of the main differences between them is the trading mode. Open-end funds are investors trading through subscription/subscription and redemption with fund companies on the open day, while closed-end funds trade on the stock exchange like stocks after the open period.
Therefore, there are two factors that affect the price of closed-end funds. On the one hand, like regular funds, their prices will be affected by the net value of funds; On the other hand, its price will be affected by the relationship between supply and demand in the secondary market, just like stocks. This provides effective support for the fund to do T, how to do it specifically? Let's use an example to illustrate.
For example, at present, optimistic about the stock market, closed-end funds have a good historical trend. We bought 654.38 million shares at the price of 1.2 yuan. On the second trading day, after the fund rose to 1.25, faced with short-term pressure, we decided to sell it all, and bought it back again at the price of1.25 2 yuan at the end of the trading day, completing a day of high selling and low sucking.
By doing this T, we made a profit of 65438+ ten thousand *( 1.25- 1.2)=5000 yuan, which is how closed-end funds do T trading.
To sum up, fund doing T usually means that closed-end funds are traded on the stock exchange like stocks, which is a common trading method. Tips: Financial management is risky, and investment needs to be cautious.