Not so. The statement that funds should be bought new rather than old is too absolute. It only sees the advantages of new funds and the shortcomings of old funds, while ignoring the advantages of old funds and some problems of new funds.

There is a certain rationale for buying new funds. New funds generally have a lower net worth. If the same funds are used to purchase an old fund with a relatively high net worth, the number of shares will definitely not be as large as that of the new fund. In addition, old funds tend to be large in scale. If the stock market crashes, the cost of re-selection will be relatively high for investors. Theoretically, the more fund shares an investor holds, the more he or she will earn when the fund's net value rises. When the net value of the fund is relatively low, even if losses occur, it is not unacceptable to sell some of them and adjust the investment strategy.

However, the shortcomings of choosing to buy new funds are also obvious. On the one hand, the quality of the fund is not directly related to the net value of the fund when the fund was purchased. There is no saying in the fund market that "cheap funds will rise much more." On the other hand, there is no historical reference data to judge the performance of the fund after buying a new one. Although the cost of making adjustments when losses occur will not be too great, investors invest in funds to achieve profits, so they will naturally choose the right one. Good, rather than pre-selecting a fund that has to face losses.

The biggest advantage of the old fund is that as a fund that has been issued for a period of time, investors can make a judgment on whether to buy based on the operation of the fund manager and the overall historical performance of the fund. , and advance planning on how to operate after buying. In addition, generally after a new fund is officially put into operation, its net value will fluctuate greatly. On the contrary, the old fund will be more stable after a relatively long-term operation, so the risk will be smaller.

Back to the new fund, the main advantage of the new fund is that it can save costs. The subscription fee of the new fund will be cheaper than the subscription fee charged when it is officially in operation. This is real for investors. discount.

To sum up, choosing a fund does not mean you can only choose this one but not that one. Regardless of whether it is new or old, it is most reasonable for investors to make purchases based on actual needs.