I don't know which fund you are talking about. Since its establishment more than 20 years ago, it has been open for subscription. Please note that the net value will be announced once a week in the later period of opening positions.

The longest closure period of general funds is 3 months. Although funds generally open positions in 1 month or more, most of them are money funds or indexes.

If it really takes more than 20 days from the establishment of the stock fund to the start of subscription, it will be a bit fast. It is possible to make full preparations before, and it does not rule out that the fund manager is eager to collect money according to the market.