When the fund expires, investors can no longer choose to sell it like normal transactions. This is because the foundation liquidates before the maturity date, converts all its assets into cash and distributes them to each investor according to the corresponding net value. In this process, investors can't get higher returns or sell their funds through trading, so they can only wait for the final liquidation result according to the regulations of the fund company.

The main reason why the fund cannot be sold at maturity lies in the operating mechanism of the fund. Funds are managed and operated by fund companies, and each fund has its own establishment documents and rules, including the investment objectives, duration and investment portfolio of fund management. Once the fund expires, the fund manager needs to liquidate the assets according to the corresponding rules and allocate the net asset value according to the holding share, so as to complete the life cycle of the fund and provide the final income for investors.

What should investors do if the fund cannot be sold at maturity?

When investors choose to buy term funds, they need to fully understand the term, risks and costs of the funds, and fully evaluate their risk tolerance and investment needs before buying. Once you choose to buy a term fund, investors should pay attention to the maturity date of the fund and manage their positions a few days before the maturity to avoid the situation that they can't sell in advance because of the maturity. At the same time, for the new fund to be issued by the fund company, it is also necessary to carefully analyze its product specifications and related rules to ensure that it meets its own investment needs.