Sometimes the fund has been falling, probably because it was too high some time ago, so it is necessary to start a callback during this time. Because if it is not a callback, there will be no greater motivation in the follow-up. The callback at this time is a good thing, and there is no need to panic psychologically. But remember that investment is risky and you need to be cautious when entering the market.

Closed-end funds belong to trust funds, which refer to investment funds whose scale has been determined before issuance, fixed within a specified period after issuance and traded in the securities market. Because closed-end funds are traded by bidding in securities trading, the transaction price is affected by the relationship between market supply and demand, which does not necessarily reflect the fund's net asset value, that is, the transaction price of closed-end funds has a premium and discount phenomenon relative to its net asset value. The practice of foreign closed-end funds shows that the transaction price often has the price fluctuation law of first premium and then discount. Judging from the operation of closed-end funds in China, no matter how the fundamental situation changes, the transaction price trend of closed-end funds in China has never deviated from the price fluctuation law of first premium and then discount.

Open-end funds and closed-end funds are isomorphic, forming two basic modes of fund operation. Open-end fund refers to an investment fund whose scale is not fixed, but which can issue new shares or be redeemed by investors at any time according to market supply and demand. Closed-end fund is relative to open-end fund, which refers to the investment fund whose fund size has been determined before issuance and remains unchanged within the specified period after issuance. Before 2004, open-end funds were not listed and traded on exchanges, but were generally purchased and redeemed through direct sales centers such as consignment agencies or banks, while closed-end funds had a fixed duration, during which the fund scale was fixed, and investors generally traded on stock exchanges, and investors bought and sold fund shares through the secondary market; You are not allowed to accept new shares and offer shares for a period of time before the new round of opening up. When opening up, you can decide how much you offer or how much you reinvest, and newcomers can also buy shares at this time; Generally, the opening time is 1 week and the closing time is 1 year; The price is determined by the relationship between supply and demand, and the net value of the fund will affect the fund price, but the two are not unified. Usually, closed-end funds trade at a discount.