Compared with other funds, the closed period of reits funds is relatively long, and the longest closed period can reach 99 years. In the stock market, investors often confuse lock-in period and closed period. In fact, the closed period usually only represents renewal, while the locked period is not allowed to buy and sell in the secondary market. These differences need to be clearly distinguished by investors to avoid unnecessary losses.

How to sell reits funds in closed period?

If users want to sell closed reits funds, they can sell them through the brokerage platform. Holders can find buyers who are willing to buy the fund in the secondary market and then sell it directly in the secondary market. After the reits fund is subscribed, the holder can wait until it is listed and traded before selling it like a stock.

Under normal circumstances, reits funds purchased on the brokerage platform can be sold directly after listing and trading. Investors who buy reits funds in the OTC market can sell them on the stock exchange after successfully handling the re-custody business. However, investors should note that if they want to buy reits fund shares after the subscription period, they can only buy them through the secondary market.

How long will the real estate investment trust be closed?

The closure period of reits is generally 20 ~99 years. If investors don't want to hold such a long term, they can buy shares in the market after the listing of reits funds and trade them freely in the secondary market.

Generally speaking, closed-end funds cannot be redeemed during the closed period, but reits funds can be sold during the closed period. Simply put, reits funds cannot be redeemed during the closed period, and can only be sold in securities companies after listing, and need to be transferred to the market. At present, the fund shares subscribed by OTC fund accounts should be transferred to the on-site securities institutions before they can participate in on-site transactions.