Is the new fund worth buying?
1 The new fund is worth buying only from the perspective of rate, because when the new fund is launched, the fund company will discount the subscription rate in order to sell it faster.
Compared with the old fund, the new fund has more cash in its assets, which is theoretically beneficial for it to seize opportunities and create higher returns for investors.
From the holding period, it takes a little longer to sell after buying, because after buying a new fund, you need to wait until the raising period and closing period have passed before you can redeem it.
It can be seen that the new fund has advantages and disadvantages. If you can't afford to wait, then it is naturally not suitable to buy funds. Many investors think that the new fund has no historical performance and it is not easy to understand the situation. However, in fact, the fund manager will announce it when the new fund is launched. You can learn about the personal ability of fund managers from the historical management of fund returns.