After the fund is sold, it will enter a closed period, usually for 3 months, and it cannot be bought or sold within 3 months. After 3 months, it will be listed and circulated, and it will be open for purchase and redemption.

Fund split is a way to change the corresponding relationship between the net value of fund shares and the total amount of fund shares and recalculate fund assets on the premise of keeping the total assets of investors unchanged.

After the fund is split, the average net value of the fund is 1, and your net value is 2 yuan. If one share is split in two, your 1000 will become 2000, which has no effect on your total share personally. What matters is the continuous marketing of the fund.

Fund splitting is generally to reduce the net value of the fund and expand the scale of the fund, while the lower net value is more popular and conducive to continuous marketing. In contrast, the size of the fund will be enlarged after the split, which may be unfavorable to fund holders. Because funds with large plates are not easy to operate, it may lead to a decline in people's yield.