Open-end fund is relative to closed-end fund. Under normal circumstances, the fund shares of open-end funds are not fixed when they are established, so they can often be sold to investors at any time according to their needs. Compared with closed-end funds, the redemption of open-end funds is very flexible, so can open-end funds be redeemed at any time? Let's get to know each other.

Can open-end funds be redeemed at any time?

Generally speaking, open-end funds can be redeemed at any time, but there are also relevant regulations for this kind of redemption. If it is a newly issued fund, the closure period shall not exceed three months. Redemption procedures cannot be handled within the three-month closure period, but only after the closure period. In addition, redemptions at other times can only be made on the trading days of the stock exchange, generally from 9: 30am to11:30pm and1:00-3: 00pm from Monday to Friday. Holidays and other times cannot be exchanged.