Before applying for the purchase of closed-end funds, investors need to conduct risk assessment to ensure their risk tolerance. In addition, investors need to read the relevant documents of the fund carefully to understand the investment strategy, income expectation and investment period of closed-end funds.
The steps for purchasing closed-end funds are as follows:
1. Choose a suitable closed-end fund and know its characteristics, rate of return, investment period and other information;
2. Understand the investment strategy of the fund and conduct risk assessment;
3. Determine the purchase quantity and sign the purchase agreement;
4. Prepare the funds needed to purchase closed-end funds;
5. Complete the subscription and regularly track the investment performance of the Fund within the term.