1. When the market price rises, it takes a period of time and a fee to open a position because of the low position of the new fund, which usually takes three months. Even if you open a position in a month, you can't keep up with the market price in the general rising stage, and the income is very small. At this time, the time cost, transaction cost and opportunity cost are correspondingly much higher. The old fund has already built a good market and prepared chips for the market to start. High market position and high income. At this time, if you buy an old fund, you can immediately get the income from the increase in net value brought about by the rise in the broader market. At this time, it is better to buy a new fund than an old one.

When the market is expected to fall in the next few months, it is better to buy new funds than old ones. At this time, due to the expected decline in the market, the old fund positions are often Man Cang. In order to avoid risks, it is necessary to reduce positions. Even so, if the market falls, the net value of the fund will fall sharply. The new fund is different. When the market fell, it just brought a good opportunity for new funds to open positions at a low level, creating good conditions for future growth and appreciation. At this time, buying new funds can not only enjoy preferential subscription rates, but also buy relatively more fund shares.

When buying a new fund, we should also consider the overall performance of the fund company and the past performance of the new fund manager. If the past performance is not good, we should also be cautious.