封闭式基金(Close-end Funds)是指基金的发起人在设立基金时,限定了基金单位的发行总额,筹足总额后,基金即宣告成立,并进行封闭,在一定时期内不再接受新的投资。特点区别封闭式基金和开放式基金共同构成了基金的两种基本运作方式。购买封闭式基金,首先要开一个股票账户,然后到二级市场上购买;开放式基金一般是到银行或基金管理公司 Close-end Funds means the sponsor of the fund limits the total amount of the fund unit’s issuance when setting up the fund. After raising the fund, the fund is declared closed and closed for a certain period of time investment. Characteristics of the difference between closed-end funds and open-end funds constitute the fund’s two basic modes of operation. To buy closed-end funds, we must first open a stock account, and then to the secondary market to buy; open-end funds are generally to the bank or fund management company