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What is the explanation that the new fund needs a six-month opening period?
The new fund is generally a three-month opening period. After the stock is raised, the fund manager has a lot of cash in his hand, and his job is to invest during the opening period. That is to say, if the fund's investment target is stocks, then it will take advantage of the opening period and market fluctuation to buy stocks at low points, and these stocks are also specially selected by fund companies and fund managers.

During the opening period, the Fund may publish its net value irregularly or not.