As the name implies, the initial fund is the fund issued for the first time, which is also an open-end fund in the process of opening positions.

Because the old fund positions are relatively heavy, it is not easy to lighten or adjust positions in the rapid decline. The new fund, that is, the initial fund, can take advantage of the current low position to gradually open positions in batches, laying a good operational foundation for future profits.

Moreover, the subscription fee of the initial fund is relatively low, starting from the net value of the fund 1 yuan.