The fund redemption open day refers to the date when the fund can be redeemed. Investors can purchase and redeem the fund at will. After the opening day, the fund will enter a closed period, during which no transactions can be made. Funds that are open every month can be purchased and redeemed every month, and it is necessary to inform the outsourcer of the open day 2 working days in advance. Private equity funds can be redeemed during the opening period. Generally speaking, private equity funds will be closed for one year after opening positions, and then the fund manager will announce the fund opening period according to the fund contract and other time, during which the fund shares can be redeemed at any time.

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1, private equity fund

Private equity fund refers to the investment in equity assets that cannot be traded freely in the stock market. The investment contents of this investment mainly include non-listed company's equity or listed company's non-publicly traded equity, and the forms mainly include leveraged buyout, venture capital, growth capital, angel investment and mezzanine financing. Private equity funds do not pursue equity gains, but sell equity through equity transfer paths such as listing, management buyouts and mergers and acquisitions.

2. Is private equity fund legal?

Private equity funds are legal in China as long as they meet the statutory forms and requirements. Private equity investment, also known as private equity investment or private equity fund, is a very broad concept, which refers to the investment in any kind of equity assets that cannot be traded freely in the stock market. Passive institutional investors may invest in private equity investment funds, which are then managed by private equity investment companies and invest in target companies.

3. Types of private equity funds

(1) Contractual fund refers to a private placement fund established by an unincorporated person through a contract. Fund managers, investors and other fund participants shall exercise corresponding rights and assume corresponding obligations and responsibilities in accordance with the contract.

(2) Corporate fund refers to an independent legal entity established by investors in accordance with the Company Law-a fund company, which is managed by itself or entrusted by a special fund manager. Investors are not only fund share holders, but also shareholders of fund companies, and exercise corresponding rights and assume corresponding obligations and responsibilities in accordance with the articles of association.

(3) A partnership fund refers to a limited partnership enterprise in which investors set up investment funds in accordance with the Partnership Enterprise Law, the general partners bear unlimited joint and several liabilities for the partnership debts, and the fund manager is specifically responsible for the investment operation.

4. Can't private equity funds be bought?

You can buy it, but the starting point of private investment is high (generally 1 10,000) and the risk is high. Private equity funds are publicly issued to unspecified investors. The purchase of private equity funds must be certified as qualified investors. First, the investment amount of a single private equity fund is not less than1100,000 yuan.