What does it mean for the fund to end raising ahead of schedule?
The early termination of fund raising may be due to the fact that it has reached the prescribed fund size, even far exceeding the agreed fund size, which means that the fund may be established earlier than previously expected. At the same time, it also shows that the popularity of the fund is very good, and there are many investors and funds bought, indicating that investors in the market are optimistic about the fund or the fund manager who manages the fund.
Although what we know about the manager's ability of the new fund is only its ability to manage other funds, the past income can not represent the future income, but it can also be used as a reference standard for the past historical management performance and income. Although the early raising of the new fund can show that the fund is very popular, but the fund is a risky investment, it does not mean that the fund will definitely make money, depending on factors such as the holding time of investors and market conditions.
Is it good or bad to end the fund-raising early?
It is a good thing to end the fund raising ahead of time, because the fund raising time is short, the time occupied by funds will be shortened, and the fund will be established earlier. After the fund raising period is over, the fund will be closed. During the closed period of the fund, investors cannot redeem and purchase, and only after the fund raising period is over can they trade the fund freely.
When the fund is closed, the fund will also have investment income, but investors can't see the daily update and real-time change valuation of the fund. The average fund company will update the net value of the fund at some time.