Current location - Trademark Inquiry Complete Network - Tian Tian Fund - If the closed 60-day bond base I bought is automatically transferred to the next issue upon maturity, can it be changed to automatic redemption after maturity?
If the closed 60-day bond base I bought is automatically transferred to the next issue upon maturity, can it be changed to automatic redemption after maturity?

Can.

There are two situations after the closed-end fund expires. The first is that the closed-end fund is liquidated after the expiration. In this case, investors do not need to redeem it. After liquidation, the principal and income are automatically transferred to the investor's account. The second is that the closed-end fund is liquidated after the expiration date.

It is a closed-end fund that changes to an open-end fund after its maturity. In this case, investors can redeem it at any time or continue to hold it.

It is up to the fund company to decide whether a closed-end fund will be liquidated after its expiration date or converted into an open-end fund. Investors can check the fund contract or the fund's announcement of the closed-end fund's expiry date.