As the name implies, a sub-new fund refers to a fund that has not been established for a long time, generally referring to a fund that has been listed for three months, but generally speaking, as long as there is no fund that has been listed for more than one year, it can also be called a sub-new fund. If the new fund has a performance history, it can provide a good reference for investors to choose investment targets.

In addition, the "sub-new fund" can be a fund that has just been opened for subscription, or a fund that has been expanded through spin-off or a large proportion of dividends.