In the closed period, the increase is relatively small, that is, the increase is less, and the decrease is less, mainly because the closed-end fund is opening positions, and the fund positions are not fully allocated as required. After the fund is opened, it will rise and fall with the target.
Closed-ended fund refers to a fund in which the total amount of approved fund shares is fixed within the term of the fund contract, and the fund shares can be traded on the legally established stock exchange, but the fund share holders are not allowed to apply for redemption. When the fund is established, the fund sponsors limit the total amount of fund shares. After raising the total amount, the fund is announced to be established and closed, and no new investment will be accepted for a certain period of time. The circulation of fund shares is listed on the stock exchange, and investors must bid on the secondary market through securities brokers in the future. Closed-end funds belong to trust funds, which refer to the types of funds whose scale has been determined before issuance, fixed within a specified period after issuance and traded in the securities market.
It is hard to say that the fund is closed just after it is issued. Generally, they may be picking the time to buy a few selected stocks, so there may be no movement a few days ago, and then they begin to fluctuate. Moreover, people don't spend all their money at once, but choose time to buy in batches. Buying it all at once will lead to the daily limit of that stock and no one will sell it, which will obviously increase the cost.
It is not necessarily whether these closed periods are up or down. Generally speaking, this period is generally rising, because the trading volume of stocks is still very large, and professional institutions will eventually make more money than retail investors.
As long as the fund opens a position, it will rise and fall. The fund's ups and downs are not updated in real time during the closed period. Income is published once a week, usually after 9 pm on Friday.
The fund closure period refers to the closed operation after the fund contract takes effect. During this period, the application for subscription and redemption of the Fund will not be accepted, mainly for the fund manager to make preliminary arrangements for the raised funds according to the market situation in a certain period of time. The fund closure period is generally not more than 3 months.
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