3-year closed-end funds must generally be held for 3 years. However, if the fund has a market share, investors can choose to turn to the market for sale. But generally speaking, the market share will be discounted, so investors will have some losses. Need to open a securities account in the field of fund transfer.

Closed-end fund refers to a fund operation mode in which the fund share is fixed within the term of the fund contract, and the fund share can be traded on a legally established stock exchange, but the fund share holder may not apply for redemption.