The so-called fund raising period is from the announcement of the fund prospectus to the establishment of the fund, which can actually be said to be the issuance period of the fund. During this period, the fund company will sell the fund through direct sales, consignment agencies or banks. During the fund raising period, investors can only buy funds, which is also called fund subscription. The price for investors to subscribe for the fund is calculated according to the net fund share (i.e. 1 yuan). There will be certain restrictions on the number of subscription shares of the fund. If the number of shares is reached in advance, the fund raising period can be ended in advance, and the fund cannot be confirmed if it exceeds the quota. If the scale of raising does not reach the scale stated in the pre-announcement, the fund cannot be established. The fund-raising period is generally 1 to 3 months.

At the end of the fund raising period, it will enter the closed period of the fund. During the closed period of the Fund, investors cannot purchase and redeem the Fund. In the later period of fund closure, the fund subscription is generally opened first, and the investment cannot be realized immediately. The fund closure period is generally not more than three months.

After the fund closure period, investors can buy and sell funds normally, that is, the duration of the fund. At this time, the fund subscription is called the fund subscription, and the fund price is different from the fund subscription, which is calculated according to the closing price of the day. The duration of closed-end funds is at least 5 years, generally 10- 15 years. Closed-end funds can be extended after expiration. As long as the fund holders recognize the operation of the fund, the duration of the open-end fund can last for a long time.

What is the duration of the public offering of funds?

The duration of a fund is literally a period of time during which the fund exists, but the real understanding is that the closed period after the fund is issued is called the duration. With regard to the issuance of funds, we all know that there are Public Offering of Fund and private equity funds, but compared with these two funds, they have a duration, while Public Offering of Fund only enters the daily trading period after a certain period of closure, which is called the duration of Public Offering of Fund.

How long does the private equity fund last?

For private equity funds, the duration of the fund is not public, and there is such a period, while closed-end funds will have a relatively fixed duration. Generally speaking, this lasts for a long time. When the term expires, the fund can extend its duration. The duration of open-end funds is not so fixed, depending on the actual situation. No matter what kind of fund, there is a fund duration, but the duration is different, but the nature is the same.