1, subscription period of closed-end funds
The raising of closed-end funds should go through five procedures: application, approval, sale, filing and announcement. At present, the raising period of closed-end funds in China is generally 3 months. The fund manager shall raise funds within six months from the date of receiving the approval documents.
In terms of sales methods, there are mainly online sales and offline sales. Online offering refers to the way of offering fund shares to the public through the securities business departments all over the country connected with the trading system of the stock exchange. Offline issuance refers to the way of selling fund shares to institutional or individual investors through business outlets designated by fund managers and accounts designated by underwriters.
Cai Xi. Com tip: If users want to buy during the closed-end fund raising period, they should always pay attention to the closed-end fund raising information.
2. Buy in the secondary market
As closed-end funds are the trading varieties of exchanges, investors can buy closed-end funds as easily as buying stocks as long as they have securities accounts. For citizens who do not have a shareholder account in a securities company, they can buy and sell closed-end funds as long as they bring their ID cards to any securities company to open a shareholder account, then open a capital account, and the deposits they receive (or deposit them in the bank after the bank handles the silver securities business).