The half-year holding period of the new fund means that the new fund is closed for half a year, during which it cannot be traded. After half a year, the fund is opened, and investors can redeem the fund after opening.

This kind of fund is a kind of closed-end fund with poor liquidity and great uncertainty. Investors need to choose a suitable investment period according to their own situation, and it is generally not recommended to buy fund products with a long closed period.