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When will the fund be closed for the New Year? Does the foundation have any income during the Spring Festival?
According to relevant regulations, China's fund market is closed on weekends and holidays, and investors are not allowed to buy or sell funds. Therefore, when investing, we should pay attention to the arrangement of fund closure, so when will the fund be closed for the New Year? Does the foundation have any income during the Spring Festival? Let's take a look!

According to the Notice of China Securities Regulatory Commission on the Arrangements for Holidays and Restaurants in 2002/KLOC-0 (No.74 [2020]), the relevant matters concerning the arrangements for holidays and restaurants in 2002/KLOC-0 are hereby notified as follows:

(1) New Year's Day: It will be closed from Friday (65438+1 October1) to Sunday (65438+1October 3), and will be closed as usual from Monday (65438+1October 4).

(2) Spring Festival: It will be closed from February 1 1 Thursday to February1Wednesday, and will open as usual from February1August. Closed on weekends on February 7th (Sunday) and February 20th (Saturday).

(3) Tomb-Sweeping Day: It will be closed from April 3rd (Saturday) to April 5th (Monday), and will open as usual from April 6th (Tuesday).

(4) Labor Day: It will be closed from Saturday, May/KLOC-0 to Wednesday, May 5, and will be open as usual from Thursday, May 6. April 25th (Sunday) and May 8th (Saturday) are closed for the weekend.

(5) Dragon Boat Festival: The market will be closed from Saturday, June 12 to Monday, June 14, and the market will open as usual from Tuesday, June 15.

Mid-Autumn Festival: It will be closed from Sunday, September 19 to Tuesday, September 2 1 Sunday, and will open as usual from Wednesday, September 22. Closed on weekends in September 18 (Saturday).

As can be seen from the above, the fund is closed on New Year's Day, Spring Festival, Tomb-Sweeping Day, Labor Day, Dragon Boat Festival and Mid-Autumn Festival.

Does the foundation have any income during the Spring Festival?

Money funds are profitable. As long as the money fund confirms its share before the Spring Festival, it will be able to get normal income during the Spring Festival. If the share cannot be confirmed before the Spring Festival, it will be postponed to the first trading day after the Spring Festival, and the income will be shown the next day.

Bond funds, hybrid funds, and equity funds (including index funds) have no income during the Spring Festival holiday. Because the Spring Festival is closed, there is no trading and ups and downs, so there is no income.