It is very important to stop investing in funds and develop the habit of long-term investment. But it is difficult for most investors to do it and always want to operate. One kind of fund can effectively help investors reduce the habit of day trading, that is, fee-based open-end funds.

Non-open-end funds publicly issued in the fund market are mainly regular open-end funds and holding funds.

The first is to open the fund regularly. As a kind of innovative fund with "regular open cycle operation", this kind of fund not only contains the characteristics of closed-end funds, but also does not face the problem of "transformation" after opening. Instead, it sets a certain opening period and then enters a new round of closed-end period, adopting the operation mode of alternating closed-end operation and open-end operation. There are long and short closure periods, and the subscription and redemption business is not handled during the closure period, but only during the opening period. For such funds, we should always pay attention to the announcement of when the fund manager will open the subscription and redemption. If you miss it, you will wait for the new opening cycle.

Holding period fund

As the name implies, the "holding period" is calculated according to the whole holding period from the date of subscription confirmation to the date of submission of redemption application, and the holding period must meet the agreed time. This kind of fund can be said to be the most flexible of the three types of "non-open-end funds". Generally speaking, its "holding period" is as short as three months and as long as three years. The best-selling funds in the market are mainly for three months or one year, which can basically meet the different investment needs of investors.

For fund managers, such products reduce the difficulty of liquidity management, and fund managers can better create excess returns for investors; For investors, holding funds have a better buying and holding experience because they are more flexible in the subscription date.

The above two types of funds can effectively help investors control their own small and reduce daily transactions. Interested investors can have a deeper understanding of each type of fund separately.