What do you mean the fund is closed and reopened? Is it good or bad? What is the turnover rate of the fund? How to calculate?
How to redeem the fund when it is closed?
The "confirmation" of closed-end fund shares can be found in the registration guide. The so-called confirmation means that after the original closed-end fund is delisted, some fund share holders need to confirm and re-register their fund shares, and the fund company will transfer the corresponding fund shares to the fund company accordingly and entrust them to the relevant sales organizations that handle the confirmation business.
The first is to confirm the right.
First, open an open-end fund account in the fund company where the closed-end fund is located. Now the fund account has become more and more convenient.
Second, investors need to go to the agency for confirmation.
The information to be provided is as follows:
(1) Original (required) and photocopy of my valid ID card.
(2) Original (required) and photocopy of the investor's account for trading securities on the floor of the original exchange.
(3) An application form for customs clearance, opening and confirmation of rights, which is filled in and signed or sealed, or an application form provided by a sales organization; For example, to go to a bank, you need to bring your own financial account card at the bank.
Related information:
Two traditional closed-end funds, Kijinkerui and Hongyang Fund, have begun to be closed one after another, and the other three traditional closed-end funds will expire one after another before the end of August this year, when the traditional closed-end funds will completely withdraw from the historical stage.
According to the data, Kijinkerui and Fund Hongyang terminated their listing on 20 1710.3 and10.4 respectively. Among them, Ji Jinkui was renamed as "E Fund Ke Rui Flexible Allocation Hybrid Securities Investment Fund" and Hongyang Fund was renamed as "Baoying Consumer Theme Flexible Allocation Hybrid Securities Investment Fund".
Kijinkerui was established on March 2002 12, with a duration of 15, and was listed on Shanghai Stock Exchange on March 20, 2002. Fund Hongyang was established in February of 1, 10, with a duration of 15 years, and was listed on Shenzhen Stock Exchange on February of 18, 2006.
There are also three traditional closed-end funds listed and traded, namely Fenghe Fund, Jiujia Fund and Yinfeng Fund. The maturity dates are March 22nd, July 5th and August 14 respectively. Most of the exit paths are transformed into LOF funds, ordinary hybrid funds or liquidation.
Source: Securities Daily