Closed-end funds have a fixed duration. Usually, the duration of closed-end funds is 15 years. Closed-end funds are generally not allowed to be redeemed during their existence. But under special circumstances, closed-end funds that meet certain conditions can be raised. So how to redeem closed-end funds? Let's get to know each other.

How to redeem closed-end funds?

1 Closed-end funds cannot be redeemed during their existence. After that, it can be traded in the secondary market through the securities economy or directly through the trading system.

In another case, the closed-end fund will be automatically liquidated and redeemed after the duration of the fund ends.

You can also choose to convert closed-end funds into open-end funds and redeem them according to the provisions of open-end funds. There are many ways to change from closed to open, one is to directly change to open-end fund, and the other is to directly change to special open-end fund.