If you don't have a particularly high liquidity requirement for a sum of money, you have money, for example, your total assets are 200 thousand, and then you buy a closed-end fund of 35 thousand, because you still have so much money to use. Spending so much money can't solve the problem. You can choose some money to buy this closed-end fund, but you can't buy it all, because if you buy all the money, the liquidity of the money will be gone. When you use money, you have money in theory, but you can't take it out in practice.
It is said that the lowest rate of return can reach about 10 point, and the highest rate can reach 26% or even higher. His so-called prediction is only a prediction, not an absolute quantity. He doesn't even guarantee that you can make money by buying stocks and funds, because the wealth management products issued by banks are marked as low risk and may lose money, not to mention this strategic placement fund. Although this fund is closed, it is less risky than the partial stock hybrid fund, but it is not without risk, and the risk is still higher than the pure debt-based fund.
There is no high demand for money in the short term, so we can spend some money to buy some closed-end ones, because for most of us ordinary investors, we don't have much professional knowledge and good market information, and we don't know what kind of investment to buy. In this case, we sacrifice the liquidity of money to get higher returns or lower risks, which is a relatively better choice, because you don't always need so much money, you can choose which part you don't need so much money to buy these closed-end ones.