There is a saying in the fund market that "new funds do performance and old funds collect management fees", so many people like to buy new funds. The main reason is that although the new fund has no past performance as a reference, because the scale of the new fund is not very large, many investors can only expand their buying scale after the performance improves, so some fund managers will adopt radical strategies to make the fund yield higher. For investors, after buying new funds and holding them for a long time, they can enjoy more benefits.

Tip: the probability of buying a new fund and holding it for a long time is high, but if a new fund is established at a high market level, it may be carried by the old fund.