No, regular open-end funds can be purchased and redeemed on the open day. After the open day, the fund will enter the closed period. If it is to be redeemed, it will not be sold until the next open day or the fund closed period expires.

The closed period of open-end fund refers to the successful fund raising, and it will enter the closed period after the fund contract takes effect. The closure period is set to facilitate the fund background (registration center) to make the best preparation for future subscription and redemption. The closure period of the fund generally does not exceed 3 months.