Closed-end fund is also a kind of fund. The so-called closed-end fund refers to an investment fund that has determined the total amount of issuance and the period of issuance at the time of its establishment, and fixed the total amount of issuance within the specified period after issuance. Closed-end funds are generally not allowed to redeem in advance. The term of closed-end funds is usually not less than 5 years, and the term of ordinary closed-end funds is 15 years. So can closed-end funds continue to hold after they expire? Let's get to know each other.

Can closed-end funds continue to hold after their expiration?

1 Closed-end funds can be extended after expiration. The so-called closed-end fund extension means delaying the contract period of the fund and continuing to start a new round of investment. In this case, if investors do not want to redeem the fund, they can choose to continue to hold the fund.

2. Closed-end funds can be converted into open-end funds after expiration. In this case, investors can continue to hold funds. After being converted into an open-end fund, the nature of the fund has changed, and the open-end fund can be redeemed at any time. If investors continue to hold funds, the flexibility of funds will be much better than before. After all, open-end funds can be redeemed at any time.

If the closed-end fund is liquidated after its expiration, investors can't continue to hold the fund in this case. Even if the investor does not redeem the fund within the opening period after its expiration, the fund will clear the principal and income into the investor's fund account after liquidation.