Funds can be divided into on-site funds and off-site funds. OTC funds generally refer to funds purchased on third-party platforms such as banks, brokers, Alipay, WeChat and Tian Tian Fund Network, and mainly refer to funds traded on stock exchanges. So can the funds in the venue be withdrawn at any time? Is there a closed period for on-site funds? We have prepared relevant contents for your reference.

Can the on-site funds be withdrawn at any time?

When the on-site fund was first issued, there was also a closed period. If there is a closed period, it can generally be taken out after the closed period. If there is no closure period, it can generally be taken out at any time. On-site funds and stocks trade in a somewhat similar way, both of which are real-time transactions.

Generally, the floor fund can be sold within T+ 1 day after purchase, and the money will generally arrive on the next working day. The arrival time is faster and the liquidity is better. If investors care about liquidity, they can consider the floor fund, but the floor fund is risky. In the case of bad market, the principal may be lost, so be careful when buying.

Is there a closed period for on-site funds?

The on-site fund has a closed period, and it also has a closed period when it was first issued. After the closure period, they will be listed and traded, so there is no closure period and they are real-time transactions. The flexibility of on-site funds is better, and the on-site funds only need trading commission, so the transaction cost is better.

When trading funds on the floor, you should pay attention to trading during trading hours. At present, the trading hours of on-site funds are from Monday to Friday at 9: 30am-1:30am, and in the afternoon13: 00pm-15: 00pm. Trading is not allowed on legal holidays, Saturdays and Sundays, and it is not allowed when there is no trading.