"Regular opening" fund means "regular opening"-the subscription and redemption business is only opened within the specified time, and the general opening period is about 5-20 working days. Investors can only trade during this open period, and cannot trade at other times.

This kind of "fixed opening" and "holding" set a limit on the redemption time-investors generally need to hold the fund for a certain period before they can redeem it. "Regular Open" funds can only be purchased during the open period. For example, the "three-year regular open-end fund" can only be purchased during the open period of every three years, and cannot be purchased at other times.

Extended data:

Generally speaking, the share purchased during the fund opening period can be redeemed in the same opening period without waiting for the next opening period. However, if the holding period is too short, a short-term redemption fee will be charged, which needs attention.

In the first closed period, the foundation publishes its net value once a week, usually every Friday night. When the first closed period is over, it will announce its net value every trading day. The time of the first closed period is generally around the time of "fixed opening" in the name of the fund. For example, the first closing period of "six-month fixed growth selection" is about six months after the establishment of the contract.