It usually takes three to six months to set up a new fund. The specific time will be announced by the fund company. You can pay attention to the announcement of the fund company, but it depends on the time when the new fund is established.
For example, the funds raised are not enough to complete the planned opening, which may extend the time. More people may raise funds in advance, so this is uncertain, and the funds they bought at that time shall prevail.
Generally speaking, new funds have a closed period, during which they cannot be redeemed or bought, and their liquidity is not very good. Pay attention to this. It's best to prepare a reserve fund in case of emergency, but it also has advantages. Closed-end funds will not be affected by market conditions, so the risk is reduced.
In addition, it should be noted that the new fund has no past performance as a reference, and there is an indicator for reference. So everyone should be careful when choosing. Secondly, the price of the new fund will be relatively cheaper. In this regard, the new fund is dominant.