/kloc-A closed-end fund with a term of 0/8 months cannot be sold during the closed-end period and can only be redeemed after the closed-end period. Closed-end funds enter a closed period after their establishment, and nothing can be done during the closed period. Investors can only wait until the fund is listed or redeemed regularly.

Closed-end funds have poor liquidity, so when buying closed-end funds, you must make a good capital plan. It is generally not recommended to buy a fund with a closed period of too long.