1August closed-end funds are closed for1August, and no transactions can be conducted during the closed-end period, so1August closed-end funds cannot be sold during the closed-end period. If the closed-end fund is subsequently listed and traded on the stock exchange, investors can transfer the closed-end fund to the on-site market and sell it (handle the re-custody business). If the closed-end fund is not listed and traded on the stock exchange, investors can only hold and close it.

Closed-end fund refers to a closed-end fund, which is closed after its establishment. No operation can be performed during the closed period. Investors need to wait until the fund is listed or closed. Generally speaking, closed-end funds have poor liquidity and are not suitable for investors with high liquidity requirements. If investors demand high liquidity, it is best to choose open-end funds.