After the new fund raising period is formally established, it will enter a closed period. During the closing period, the fund manager will start to open positions. Unlike ordinary open-end funds, closed-end funds will announce their net value every day. According to the relevant regulations, when the new fund is closed, the net value of the fund will be announced once a week. It is usually scheduled to be announced on Friday.

Investors who are keen on investing in new funds may find a problem. Sometimes, new funds will lose money during the closed period. In this case, does it mean that this fund is not so good? Do you need to redeem it in time while waiting for the opening period?

As far as probability is concerned, redemption is usually not recommended for two main reasons:

First, the opening of the fund may not be completed, and the fluctuation of the fund's net value is normal.

Not long after the establishment of the new fund, it is possible that the opening of the fund has not been completed. Generally speaking, the closed period of the new fund does not exceed 3 months, and the open period does not exceed 6 months. If the account opening of the fund has not been completed, the fund will not enter the normal operation.

And the fluctuation of fund net value caused by market fluctuation during the closed period is also very normal. If it is redeemed just after the opening, it will easily lead to misjudgment.

Second, the holding period is too short.

Funds are suitable for long-term investment, including designing fund rate models to encourage investors to invest in funds for a long time.

Generally speaking, we suggest that ordinary investors hold partial stock funds for not less than 1-3 years, and be flexible if they are partial debt funds.

But if a new fund is held for less than three months and redeemed, it is really too short-term. I really don't recommend leaving so soon.

In other words, in such a short time, the fund doesn't even have enough time to fully show you its Excellence. When you choose to subscribe for a new fund, you must know or recognize the ability of the fund manager in detail before making a purchase decision. If the investment ability of the fund manager is recognized, the new fund is still in the state of opening positions after opening positions. When the net value falls, it may be a good opportunity to consider adding positions on dips.

Of course, this is not absolute, and everything needs specific analysis.

I hope the above contents are helpful to you.