At the beginning of 2021, the new fund market has had a good start. New funds are rushing to be launched, and many funds have set fundraising caps. Because of the popularity of the market, many new funds have hit the fundraising cap as soon as they are launched in the new year. In the end, they only Can be allocated according to proportion.

Proportional allotment means that when the actual fundraising scale of the fund exceeds the upper limit, investors’ subscription applications will be confirmed in proportion. That is to say, in the case of proportional allotment, the amount subscribed by investors is only If the transaction can be partially completed, the excess funds will generally be returned along the original path.

For example, the final allotment ratio of China Europe Alpha, a new fund issued by China Europe Fund in 2021, is 14.53%. If you subscribed for 10,000 yuan before, you will only be able to confirm 1,453 yuan in the end.

After the new fund is raised, it will enter a closed period. After the closed period, subscriptions and redemptions will be officially opened. If you buy a new fund during the raising period, do you need to purchase more after it is opened?

Here we need to discuss on a case-by-case basis

The new fund you subscribe to triggers proportional allotment. After the fund is opened, you can choose to continue to subscribe, and you can use part of the funds returned at that time to Subscription.

You can also decide based on your own investment preferences and portfolio configuration. If the stock-bond ratio is originally set in the investment plan, after the market experiences a period of fluctuation, this ratio will deviate from the original The value can be adjusted appropriately.

Some investors have the habit of trading in batches, that is, they buy a part first when subscribing, observe it for a period of time, and if they continue to be optimistic about the performance of the fund after its establishment, continue to add more slowly.

New funds have a position opening period of no more than 6 months. At this stage, positions will be more flexible and position opening will be slower, which may directly affect the net value performance of the fund. Please do not generalize when making horizontal comparisons.