The closure period of new funds is generally 3 months (the closure period of each fund is different, depending on the fund). The closure period of the new fund refers to the stage when the new fund stops operating and is temporarily closed. The setting of the new fund closure period is firstly to prepare for the fund's future subscription and redemption, and secondly, the setting of the new fund closure period is to allow the fund manager to make initial positions.

After the establishment of the fund, it entered the closed stage, and the net value was announced once a week during the closed period of the fund. If the fund manager initially opens a position, it will generate profit and loss.