At the end of April, 2065438+2009, the first batch of science and technology innovation board funds were issued. This wholesale bank operates science and technology theme funds owned by Guangfa, Huaan, Guo Fu, Penghua and Wanjia. These five funds are all closed for three years and cannot be redeemed within three years after subscription.

It is closed for three years, but it can be listed and traded. Although investors cannot apply for redemption, they can conduct secondary market transactions after the fund is listed.

From a historical point of view, three-year closed products can better reflect the long-term impact of bringing positive returns to investors.

In a short period of three years, fund managers can make long-term investment layout through closed operations. Although the market fluctuates, at the end of this cycle, they can get better positive returns than the starting point.