After the expiration of the closure period, the fund company will open its trading, and investors can choose to redeem it to receive income.

The essence of the pension target fund is a FOF fund with a certain closed period. When investors buy the pension target fund, they buy the fund's wealth management products. It is not guaranteed to be profitable, but it still has certain risks and may suffer losses.

Therefore, after the pension fund expires, the fund company will open the transaction. At this time, investors can trade independently on the previous purchase platform, and if they receive it, they can redeem it directly. After confirming the share, the funds will return to the original way.

pension target fund type:

target date fund: aiming at the investor's retirement date, adjust the investment allocation according to the risk tolerance of different life stages.

target risk fund: to keep the risk of portfolio constant at different times, investors can choose a target risk fund with a consistent style within the scope of their own risks.