The three-year closed-end fund may lose its principal, because the three-year closed-end fund has a long term and cannot be redeemed without maturity, so buying a three-year closed-end fund is risky. If the fund market is not good, it is even more uncomfortable to watch the loss not come out.

Secondly, when there is an emergency, it cannot be taken out before the expiration. Therefore, in the closed-end financial management with a long purchase cycle, it is better to have spare money to buy, otherwise you are in a hurry, but there is no way.

Extended data:

Will the three-year closed-end fund open halfway?

Three-year closed-end funds will not be opened halfway, but only after three years, so it is best to choose spare money that will not be used for three years when buying. In addition, you can also prepare a reserve fund for a rainy day.

When choosing a three-year closed-end fund, we must choose a good fund manager, because the fund is managed by the fund manager, so it is very important to choose a good fund manager. Secondly, you can refer to past performance and try to choose a fund with better past performance.