But some foundations in more than a month.

Pay attention to the fund company website announcement. There are also announcements about open subscription and redemption.

Closed period means that when a new fund is established, investors cannot purchase and redeem fund shares for a period of time. According to the Measures for the Administration of the Operation of Securities Investment Funds, the closed period of the funds shall not exceed 3 months.

The new fund will be closed for several months. On the one hand, it is to facilitate the fund backstage (registration center) to make the best preparation for daily subscription and redemption; On the other hand, fund managers use this period of time to initially use the raised funds to buy stocks and bonds for investment preparation.

According to China's "Pilot Measures for Open-end Securities Investment Funds", the closed period after the establishment of open-end funds shall not exceed 3 months.

According to the fund contract and prospectus, the subscription and redemption of Guangfa Jufeng Fund shall start within 3 months after the fund contract comes into effect, and the fund manager shall make an announcement in at least one media designated by China Securities Regulatory Commission 2 days before the specific date of subscription and redemption.