The fund shows that the new fund has not yet been officially operated and is currently in the collection period. When the new fund has raised enough funds, it will be announced. Generally, after the establishment of a new fund, it will enter a closed period, during which investors cannot do anything.

During the closing period of the new fund, the fund manager will initially open the fund assets according to market conditions. The closed period of new funds generally does not exceed 3 months, and the closed period will also generate profits and losses.