The rules of any industry are different. As a user, you need to know the details to operate better. Do you know how long the fund can last? What does the duration of the fund mean?

What does the duration of the fund mean?

The duration of the fund refers to the fund's successful raising and entering the daily trading period of the fund after the fund contract is established for a period of time, which is called the duration of the fund.

Fund term:

public fund

The duration of a fund is literally a period of time during which the fund exists, but the real understanding is that the closed period after the fund is issued is called the duration. With regard to the issuance of funds, we all know that there are Public Offering of Fund and private equity funds, but compared with these two funds, they have a duration, while Public Offering of Fund only enters the daily trading period after a certain period of closure, which is called the duration of Public Offering of Fund.

privately offered fund

For private equity funds, the duration of the fund is not public, and there is such a period, while closed-end funds will have a relatively fixed duration. Generally speaking, this lasts for a long time. When the term expires, the fund can extend its duration. The duration of open-end funds is not so fixed, depending on the actual situation. No matter what kind of fund, there is a fund duration, but the duration is different, but the nature is the same.