First, from the cost analysis, we all know that buying a fund needs to pay a certain fee, which is the subscription fee (subscription fee). The subscription fee for stock or hybrid funds is generally 1.5%, and the subscription fee for initial funds is generally 1% or 1.2%. On the surface, the cost of the initial fund is indeed cheaper than that of the old fund.

However, it should be taken into account that many platforms often have certain discounts on these funds, and the discount is generally between 10%-40%. Some platforms even use the banner of zero subscription fee for fund sales, which makes the initial funds lose the advantage of this fee.

Second, from the performance analysis of the fund, a fund is not worth buying. What we often need to consider is how the performance of this fund is and whether the future performance is in line with expectations.

However, the performance of the initial fund has no past performance to refer to and can only be analyzed from historical data.

There is a saying in the fund market: the bull market buys the old base and the bear market buys the new base. Because the new fund will be closed for three months after its establishment, it can't be redeemed during this period, and it can't get income when the stock market rises.

Usually in the bull market, the unit net value of the old fund will rise faster than that of the new fund, while in the downtrend channel, the new fund has a low position and a slow decline because it is still in the process of opening positions.