Not necessarily, because some funds have a closed period, and the fund cannot be sold during the closed period. All funds can be sold after the closed period ends; but open-end funds are different and can be sold at any time. When the investor's amount is large, it can be sold in installments.
Because funds are a form of financial management, the general returns are higher than bank deposits, but lower than stocks. In terms of risk level, the risk is lower than stocks and higher than bank deposits.
Can the fund be traded during the closed period?
No. No transactions can be conducted during the closed period, and investors can wait for the fund to be listed for trading before buying or selling. If it is a new fund, the closing period is about three months. If it is a closed-end fund, the closing period will be longer, depending on the fund product.
The fund will still operate normally during the closed period, but there will be corresponding losses or profits. During the closed period, the net value is usually announced once a week.