Current location - Trademark Inquiry Complete Network - Tian Tian Fund - I bought Guangfa Jufeng Fund in 2007, but now I can't find it online. ICBC said it was closed. May I ask why the purchased fund can be redeemed normally? thank you
I bought Guangfa Jufeng Fund in 2007, but now I can't find it online. ICBC said it was closed. May I ask why the purchased fund can be redeemed normally? thank you
Fund closure is generally closed subscription, and open-end funds will hardly be closed for redemption. People in the bank didn't make it clear either. If the fund bought in 2007 is not redeemed, it must still be there. You won't miss your share, the subscription will be closed but it won't affect the redemption.

At present, the fund is in a normal state, and subscription, conversion, redemption and fixed investment are all open.

After the open-end fund enters the normal operation period, the closed subscription is generally to protect the interests of the holders, and excessive subscription leads to capital inflow, which is not conducive to the smooth operation of the fund. Affect the performance of the fund and increase the difficulty of management.