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The so-called closed-end fund means that when the sponsor of the fund establishes the fund, the total amount of the fund is first limited.
During the closed period, investors cannot redeem.
After expiration, it must also be traded through the stock exchange, with many restrictions.
Because investors do not understand enough, they even speculated that the fund was like a stock, thinking that the fund also has a price-earnings ratio like a stock and so on.
In this r ...
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