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What does it mean to increase the fund that is closed once every five years? Can it be redeemed after one year? Or will it take five years to redeem it?
Private investment funds (hereinafter referred to as fixed-income funds) refer to funds that mainly participate in the private placement of listed companies, that is, investment funds that mainly invest in non-public offerings of listed companies. Fixed-income funds vary according to the product term. Five-year closure refers to the redemption after the end of the five-year closure.

Tips: The above instructions are for reference only, so you need to be cautious when investing. Before you make any investment, you should make sure that you fully understand the nature of the relevant investment and the risks involved, and then judge whether to participate after detailed understanding and careful evaluation.

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