If the new fund fails to meet these conditions during the fundraising period, the fundraising period may be extended, but the fundraising period shall not exceed 3 months from the date of fund sales. Once the establishment conditions are met, the fund-raising can also be ended ahead of schedule.
Although it is said that the raising period should not exceed 3 months from the date of fund sale, these 3 months are the longest time allowed to raise funds. In fact, many funds have been "sunshine" explosions recently. As long as it meets the conditions for the establishment of the fund, it can be raised in one day. For some popular funds, if you are interested in participating in the subscription, you need to start in advance.
For products in the collection period, on the last day of the collection period, some sales organizations will postpone it to 15, such as 17. If the fund is sold out in one day, the first day of offering will be postponed to 17. This is the practice of some funds and some institutions. Don't be surprised when you see it