No, all current North Exchange funds are two-year fixed-open closed-end funds. After the fund is issued, it will be closed and will not be listed and traded on the stock exchange. The North Exchange funds have a two-year closed period and will be opened every two years. Once opened, the fund can be purchased and redeemed at will during the open period. After the open period, the fund enters the closed period, and the closed period funds cannot be traded. That is, it takes two years to redeem the funds purchased on the Beijing Stock Exchange.

The current North Exchange funds include: Guangfa North Exchange Selected Two-Year Fixed Opening A (014273); China China International North Exchange Innovation Selected Two-Year Opening A (014279), Southern North Exchange Selected by the Exchange for two-year regular opening (014294), Harvest North Exchange selected for two-year regular opening A (014269), E Fund North It is scheduled to open every year (014283), Dacheng Beijing Exchange is scheduled to open every two years (014271), and Wanjia Beijing Exchange Huixuan is open regularly for two years A (014277).