How to deal with closed-end funds after they expire?
1 After the closed-end fund expires, fund investors can directly liquidate, and the fund will be redeemed automatically after liquidation. Simply put, the fund company calculates the investor's gains or losses according to the net value of the fund and returns the funds to the investors.
Investors will postpone the fund, extend the term of the fund contract and continue to start a new round of investment. The total share of funds owned by investors remains unchanged.
Closed-end fund investors can turn closed-end funds into open-end funds after they expire, and investors can purchase or redeem funds according to their net value.
Generally speaking, after the closed-end fund expires, investors can deal with it in the above three ways, and different ways have different treatment methods. It should be noted that for investors who want to convert closed-end funds into open-end funds, this operation requires manual operation by investors and will not be redeemed automatically.
With the disclosure of Public Offering of Fund's financial report in the fourth quarter of 2022, the allocation direction of public offering