After the subscription period of the fund ends, the fund will enter a closed period. During the closed period, investors cannot purchase and redeem the Fund. If you want to purchase and redeem this fund, you can only purchase and redeem it normally after the fund is closed.

The subscription period of a fund refers to the process in which the fund subscribes for fund shares during the raising period. Usually, the net value of the new fund during the subscription period is 1 yuan, and there will be commission for subscription. The longest subscription period of this fund is one month, and the longest closure period is no more than three months.