The characteristics of closed-end funds are that the total amount and duration of fund issuance have been determined at the time of establishment, and the total amount and fund size are fixed within the specified period after issuance. So, how to buy closed-end funds?
Closed-end funds are different from open-end funds. We must buy them in the secondary market. Closed-end funds follow the stock trading method.
1. After the closed-end fund enters the closed-end period, everyone can buy and sell at the market price on the stock exchange through the securities company.
2. According to your planned subscription amount, deposit the funds into the stock account before subscription, and then go to the trading platform of the securities company to buy closed-end funds.
3. Enter the code of the fund you want to buy, then select the purchase amount and make the purchase according to the prompts.
Tips for buying closed-end funds:
1. Friends who don't have a trading account in the securities market can only buy closed-end funds by opening a securities account with a securities company.
2. Because the closed-end fund follows the general stock trading mode, its trading mode is also T+ 1, and it is not sold until the second trading day after buying.
3, but you can buy it on the same day after sale.
So much about how to purchase closed-end funds, I hope it will help you. Warm reminder, financial management is risky and investment needs to be cautious.