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Can't the fund be sold when the lock-up period expires in 6 months?
Yes, if the investor's funds are idle for a long time, of course, they cannot be sold after maturity. Usually after the fund lock-up period is over, it becomes an open-end fund. Openness means that investors can purchase and redeem at any time without worrying about the situation that they can't sell. Therefore, after six months, investors can completely consider whether to sell according to the idle time of funds and the rate of return of funds.

The closure period of the fund is clearly indicated in the prospectus. According to the Measures for the Operation and Management of Securities Investment Funds, the closed period of open-end funds shall not exceed 3 months, and the closed period of closed-end funds shall generally not exceed 5 years. If the fund is closed for six months, it may be a semi-open fund, that is, the fund is open once every six months, so we must make good financial arrangements.

In addition, during the closed period of the fund, investors can't redeem the fund, and they can only withdraw funds after the closed period.