When can all the funds be sold?
Different types of funds have different selling time rules. If it is an open-end fund, investors can often sell it all on the second working day after the successful subscription; If it is a closed-end fund, it must be held for a specified time before it can be sold, and it is not allowed to sell the fund in advance.
For open-end funds, the holding time will have an impact on the fund's handling fee. If the fund is sold within seven days, the handling fee rate is usually the highest, and most funds can be exempted from redemption fee after holding for one year. So many investors will choose to hold the fund for a certain period of time before selling it, which can reduce the investment cost of the fund. In addition, the fund itself is more suitable for long-term investment. Even if the fund falls during the period, it is often possible to diversify the investment cost of the fund by buying the fund at a low level.
When investing in a fund, most investors will set a profit-taking point, and it is a more appropriate time to sell the fund when the expected rate of return is reached.
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