There is no way to reduce the loss for the time being, because the fund can't be redeemed during the closed period, and we can only watch the loss of the fund's net value falling. But under normal circumstances, the decline of the fund is only a temporary phenomenon, and the long-term upward trend will not change. If we are optimistic about the long-term investment value of the fund, then adopting the fixed investment strategy can relatively reduce the investment cost and benefit from the long-term upward trend.

Fund closure period

Closed-end funds can't be operated during the closed period, so there is no way to reduce or increase positions during the closed period. Investors can only wait until the end of the closure period before considering adding positions or redeeming them. The closed period of the fund means that the fund has successfully raised enough funds. After the fund contract comes into effect, investors' applications for fund share redemption will not be accepted for some time. According to the regulations, the fund can not be closed for more than 3 months. On the one hand, the fund closure period is to facilitate the fund backstage and make full preparations for subscription and redemption, on the other hand, it also gives the fund manager a certain time to make preliminary arrangements for the raised funds according to market conditions. Under normal circumstances, the closed period of the fund is profitable, but the net value of the fund unit will not be announced every day, usually only once a week. When the net value of the fund unit is lower than the value at the time of subscription, there will be losses. When the net value of the fund unit is higher than the value at the time of subscription, investors will generate income. At the same time, some funds may also pay dividends during the closed period.

Is it better to subscribe or subscribe for the new fund?

On the one hand, from the perspective of subscription cost, the subscription rate of funds is generally around 1%, while the subscription rate of equity funds is generally around 1.5%, which is higher than other types of funds. Therefore, on the whole, the subscription fee of funds is generally lower than the subscription fee, and the net value of new funds is often low at the time of subscription, so many investors generally tend to subscribe for new funds. On the other hand, from the perspective of security, past performance is a very important reference standard, because whether a fund is worth investing, but new funds often do not have these data, so there is no reference, so the risk of investing in new funds is higher than that of mature old funds. Under normal circumstances, the capital preservation fund will be accompanied by a capital preservation clause, but the capital preservation clause is only applicable to the funds subscribed during the subscription period, so it is recommended to subscribe for the newly issued capital preservation fund.