A six-month holding period fund means that the fund needs to be held for six months before redemption.
Generally speaking, funds that have a fixed holding period before they can be redeemed are closed-end funds. The so-called closed-end funds simply refer to funds that cannot be subscribed and redeemed within a certain period of time.
Whether you will be locked up for another six months if you do not redeem it after maturity depends on the regulations of the fund. You can check the prospectus of the fund you hold.
Warm reminder: The above explanation is for reference only and does not make any suggestions.
There are risks in entering the market, so investment needs to be cautious.
Before making any investment, you should ensure that you fully understand the nature of the investment and the risks involved. After detailed understanding and careful evaluation, you should make your own decision whether to participate.
Response time: 2021-05-17. For the latest business changes, please refer to the official website of Ping An Bank.
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