A new fund refers to a fund that plays new shares with new shares as the investment target when new shares are issued. In other words, this fund can participate in new shares, and if it wins the lottery, this fund may rise. Whether the fund has subscription fee depends on the type of fund. Generally, it is necessary to subscribe for funds with front-end charges. If there is no front-end, it will generally mark Class A, which is also a front-end fee, and Class C funds generally do not need subscription fees. In addition, there are funds with back-end fees. The back-end fee does not need to be subscribed at the time of purchase, but will be charged according to the holding time and will be charged when the investor sells.
Playing new funds can be seen on some sales platforms, such as Tian Tian Fund Network: In the fund data, you can see which funds have participated in new shares.