No, there is no limit to the number of fund accounts. Every institution can open a capital account, after which it can trade funds. Closed-end funds are mainly traded in the market.

Closed-end fund is a kind of fund. Closed-end funds are closed after their establishment, and no operation can be done during the closed period. Investors who want to purchase and redeem the fund need to wait until the fund is listed or traded on regular open days, and the fund size is fixed.