Due to different types of funds, the closure period will be different, which is determined according to the time requirements of the fund company. First of all, to determine the closing time of the fund, we must know the name or code number of the fund. Then we can understand how the fund works.
Under normal circumstances, open-end funds that are regularly opened are redeemed once every six months. This kind of fund is a special open-end fund, more like a closed-end fund than a traditional open-end fund. The so-called closed period is the only time for new funds to open positions. If so, you can only wait for the next open day to redeem it. In addition, the closed-end period refers to the time when the fund manager can't accept the subscription, redemption and other businesses within the time limit stipulated in the fund contract and prospectus at the initial stage of the establishment of an open-end fund. According to the regulations, the maximum closure period shall not exceed 3 months. From this perspective, the fund closure period should not exceed 3 months in principle, except for special circumstances.