1. The expiration of the fund investment means that the fund is closed. After the membership expires, the fund will be converted into an open-end fund, and investors can choose to redeem it or continue to hold it.

2. If the fund is liquidated after its maturity, the liquidation funds will be returned to the investors after the liquidation. In addition, some funds will extend the closure period after the closure period, and investors can consider redeeming or continuing to hold them to enter the next closure period.