For investors, opening a fund position is the first time to buy a fund. For fund companies, fund opening refers to the first time that fund companies use a new fund to buy stocks or invest in bonds after it is announced.

Fund opening refers to the first time that a fund company purchases stocks or investment bonds with a new fund after its announcement (the specific investment depends on the type and positioning of the fund). For private investors, such as ourselves, opening a position means buying a fund for the first time.

The content of this article comes from: China Law Publishing House "General Knowledge Series of Legal Life"