The so-called science and technology innovation board fund refers to the publicly issued fund, which can be invested in science and technology innovation board. The launch of science and technology innovation board Fund is mainly to provide an opportunity for small and medium-sized investors who can't meet the subscription conditions in science and technology innovation board for the time being to invest in science and technology innovation board. Under normal circumstances, after the issuance of the science and technology innovation board fund, there is usually a three-year closed period, during which it cannot be redeemed. So what is the reason for the three-year closure of the Science and Technology Innovation Board Fund? Let's get to know each other.

Why should the Science and Technology Innovation Board Fund be closed for three years?

First of all, it is real-time that science and technology innovation board funds cannot be redeemed during the three-year closed period, but during this closed period, science and technology innovation board funds can still be listed and traded in the secondary market. In fact, in the long run, the three-year closure period of the Science and Technology Innovation Board Fund is mainly to reflect the positive benefits brought by the fund to investors. Closed operation can reduce the liquidity impact caused by frequent fund purchase and redemption, and at the same time help to provide the stability of portfolio and the operation of portfolio leverage.

After all, during the three-year closed period, fund managers can realize long-term investment layout through closed operation, which is less affected by market fluctuations, so that by the end of the closed period, they can get better returns than when the fund is issued.