Open-end fund refers to an investment fund whose scale is not fixed, but which can issue new shares or be redeemed by investors at any time according to market supply and demand.
When investors invest in open-end funds, they can purchase or redeem them from fund management companies or sales organizations at any time.
Generally speaking, open-end funds are suitable for four types of investors:
(1) Investors who take securities investment as a sideline and have no time to take care of it.
(2) Investors who are interested in investing in securities but lack securities knowledge.
(3) Securities investors with low risk tolerance.
(4) investors who expect long-term stable income and do not pursue wealth.