Opening position: for fund companies, it refers to the first time that the fund company uses the fund to buy stocks or invest in bonds during the closed period of subscription after the announcement of the new fund (the specific investment depends on the type and positioning of the fund). For private investors, such as ourselves, opening a position means buying a fund for the first time. Masukura: refers to the increase in the net value of the fund bought when the position is opened, and the subscription continues to increase. Cover position: refers to the decrease of the original fund net value and the fund is covered by a certain amount. At this time, buy funds at a low level and spread costs. (quilt cover, simply put, is that the fund bought by investors with a certain net worth has fallen below that net worth. For example,1.What 2 yuan bought fell to 0.98 yuan, which means that investors were hedged by the fund by 0.22 yuan). Man Cang: Just buy all the users' funds, just like Man Cang. Those with more money are called big households, those with more money are called bookmakers, those with less money are called retail investors, and those with less money are called retail investors.