No,

If the fund loses money, investors can withdraw the remaining funds, and investors can redeem them at any time

The fund implements T+1 transactions If the fund is redeemed on the trading day, it will be calculated based on the net value at the close of the redemption day. The shares will be confirmed on the second trading day. After the shares are confirmed, the funds will arrive. The arrival time is generally 1-3 working days (specifically, each fund is allow). It should be noted that closed-end funds have a fixed closing period, and no transactions can be made during the closing period. If investors purchase closed-end funds, they cannot withdraw funds after losses.