First, the subscription fee of the initial fund is cheap, and some even start with zero subscription fee (in order to attract investors); Second, when the initial fund is in a bear market, it has strong impact resistance. Because it has just entered the market, the loss is not as serious as the old fund, which naturally attracts many investors. Third: the initial fund is to seize the hottest sector or industry at present, and the investment strategy is more attractive. However, the shortcomings and advantages of the initial fund are as obvious as those of the initial fund, that is, large fluctuations and frequent position adjustments. Novice investors are advised not to try it easily.