First, the unique redemption mechanism of open-end funds has played an effective role in restraining fund managers. If the fund's performance is poor, investors will redeem it, resulting in a decrease in fund assets. This mechanism will encourage fund managers to continuously improve their management performance. In 2007, most open-end funds created good investment returns for investors.

2. Open-end funds trade with the net value of fund shares, so there will be no difference between price and net value in closed-end fund transactions, which ensures that investors can fully enjoy the return brought by the appreciation of fund assets.

Third, the liquidity of open-end funds is good. Investors can apply for redemption of fund shares at any time according to their own capital needs, which meets the demand for liquidation.

4. Open-end funds are highly transparent in information disclosure. In addition to quarterly, semi-annual and annual reports, the net value is also published daily to facilitate investors to make decisions at any time.

Five, open-end fund investment is convenient, redemption can be operated through direct selling institutions, online trading systems or consignment banks, brokerage outlets and other places. There are also advantages in service, providing exclusive consultants through SMS, email and bills to provide investors with comprehensive and thoughtful services.