Not necessarily, the net value of fund raising period is 1, and the net value of fund opening period is uncertain. After the establishment of the fund, it entered a closed period, during which the fund initially opened positions. If the fund is profitable during the closed period, it is more cost-effective to buy it during the fund raising period. If the fund loses money in the closed period, it is more cost-effective to buy it in the open period.

The closure period of new funds is generally 3 months. During the closed period, the fund manager will make a preliminary opening of the fund, and there will also be profits and losses during the closed period, and the net value will be announced once a week.