No, the opening price of the fund is based on the maximum turnover of call auction. For example, when a fund has 5000 lots of concentrated transactions at 2. 1 yuan, but the number of transactions at other prices is less than 5000 lots, then 2. 1 yuan is the opening price at this time.

The call auction time of on-site funds is the same as the bidding time of stocks: the call auction time in early trading is between 9: 15-9:25 every trading day, in which:

At 9: 15-9:20, orders can be entrusted and cancelled, but no actual transaction will occur, only the price of pending orders will be displayed.

From 9: 20 to 9: 25, orders can only be placed by entrustment, and orders cannot be cancelled. During this period, the system will match the order according to the principle of "time first, limited price", and the transaction will be made at 9: 25, and the largest transaction amount is the opening price.

From 9: 25 to 9: 30, you can't hold orders or cancel orders. The entrusted orders are temporarily stored in the host computer.

It is worth noting that there are T+ 1 funds and T+0 funds in the market, and investors who like short-term can choose to trade T0 funds.