After the fund is established, it can exist indefinitely. Although the open-end fund has no fixed term, when the fund contract is terminated, the open-end fund must be liquidated in accordance with laws and regulations and the provisions of the fund contract. In this case, the fund ceased to operate. Therefore, open-end funds also have a duration, which is called duration. However, this period is not fixed and can be indefinite. This entry was created and edited to discuss the duration of open-end funds. The following gives a strict definition of the duration of open-end funds.

The difference between open-end funds and closed-end funds lies in:

1, share restrictions are different. Open-end fund refers to the fund whose scale is not fixed and investors can purchase and redeem it at any time; The scale of closed-end funds is fixed and will not change during the period.

2. The trading system is different. Open-end funds can be purchased and redeemed at any time; Closed-end funds cannot be redeemed during the closed period, and part of the funds can be transferred to on-site transactions.

3. The terminology is different. Open-end funds have no fixed term, while closed-end funds have fixed term, such as 5-year strategic placement funds and real estate trust funds.

There is no redemption pressure for closed-end fund investment, and fund managers can make long-term strategic layout of funds. In the stock exchange market, the cost of closed-end funds is very low, only three thousandths. The disadvantage of closed-end funds is the long-term lack of trading operation, which will lead to the lack of incentive mechanism for fund managers and poor operating performance.

1. The above information is for reference only, and no suggestions are made.

2. There are risks in entering the market, so investment needs to be cautious.