I. General term of fund closure period
No more than three months. The fund closure period shall not exceed three months. On the one hand, the closure period is set to facilitate the fund backstage to make the best preparation for future purchase and redemption; On the other hand, fund managers can make preliminary investment arrangements for the raised funds according to the situation of the securities market. Generally, newly issued funds have a closed period, and the closed period of each fund varies with different fund types. The so-called fund liquidation period refers to the time when the fund manager can't accept the subscription and redemption within the time limit stipulated in the fund contract and prospectus at the initial stage of the establishment of an open-end fund. Closed period is a period that open-end funds must go through, which can provide a relatively stable opening process for funds. After the closure period, the newly issued funds will enter the subscription period, when they can buy and sell freely. The closing time of the new fund shall not exceed 3 months. As for the specific length of the liquidation period, it depends on the manager's comprehensive consideration of the market, opening speed and initial scale. At present, the closure period of newly issued funds is relatively short, and it only takes ten days to open the subscription/redemption. It is worth noting that the length of the closed period is not directly related to the fund income, so the length of the closed period is not a reference standard for selecting fund products.
Second, the closed period of the fund.
The so-called closed period of open-end funds means that after the fund has successfully raised enough funds and announced that the fund contract will take effect, it will not accept investors' fund share redemption applications for a period of time. On the one hand, the closure period is set to facilitate the fund backstage (registration center) to make the best preparation for future subscription and redemption; On the other hand, fund managers can make preliminary investment arrangements for the raised funds according to the situation of the securities market.
Need to remind everyone that the fund's closure period is calculated from the effective date of the fund contract. The fund closure period refers to that after the fund has successfully raised enough funds and announced that the fund contract will take effect, investors will not accept the fund share redemption application for a period of time.
Huaxia Emerging Growth Fund is an ordinary open-end fund. After the fund contract comes into effect, the closure period does not exceed 3 months, and it can be redeemed after the closure period.
I. General term of fund closure period
No more than three months. The fund closure period shall not exceed three months. On the one hand, the closure period is set to facilitate the fund backstage to make the best preparation for future purchase and redemption; On the other hand, fund managers can make preliminary investment arrangements for the raised funds according to the situation of the securities market. Generally, newly issued funds have a closed period, and the closed period of each fund varies with different fund types. The so-called fund liquidation period refers to the time when the fund manager can't accept the subscription and redemption within the time limit stipulated in the fund contract and prospectus at the initial stage of the establishment of an open-end fund. Closed period is a period that open-end funds must go through, which can provide a relatively stable opening process for funds. After the closure period, the newly issued funds will enter the subscription period, when they can buy and sell freely. The closing time of the new fund shall not exceed 3 months. As for the specific length of the liquidation period, it depends on the manager's comprehensive consideration of the market, opening speed and initial scale. At present, the closure period of newly issued funds is relatively short, and it only takes ten days to open the subscription/redemption. It is worth noting that the length of the closed period is not directly related to the fund income, so the length of the closed period is not a reference standard for selecting fund products.
Second, the closed period of the fund.
The so-called closed period of open-end funds means that after the fund has successfully raised enough funds and announced that the fund contract will take effect, it will not accept investors' fund share redemption applications for a period of time. On the one hand, the closure period is set to facilitate the fund backstage (registration center) to make the best preparation for future subscription and redemption; On the other hand, fund managers can make preliminary investment arrangements for the raised funds according to the situation of the securities market.
Need to remind everyone that the fund's closure period is calculated from the effective date of the fund contract. The fund closure period refers to that after the fund has successfully raised enough funds and announced that the fund contract will take effect, investors will not accept the fund share redemption application for a period of time.