The funds in the market are all issued by fund companies. When they are released, everyone can subscribe, that is, buy. After the purchase amount reaches the upper limit, they will enter the opening period. Many investors don't know much about this opening period and don't know why there is an opening period. Let's take a look at the meaning and significance of the fund opening period.

Why is there a closed period after the fund subscription?

Because fund companies and fund managers need to invest their subscribed funds after fund subscription, and this kind of investment can not be done in a day or two, so it is necessary to conduct in-depth research on the investment target, so as to better protect the rights and interests of investors. This process will take some time, during which there will be no continuous capital inflow, which will affect the investment strategy, so an open period will be established.

If fund managers invest in the target as fast as retail investors buy stocks, it is better for retail investors to invest themselves. Stocks are invested by retail investors themselves, and funds are invested by fund managers, who have better experience and more unique vision than retail investors.

After the establishment of new fund products, there will generally be a closed period of no more than 3 months, and the specific opening time will be determined by the fund manager after comprehensive consideration of various factors. During the closed period, the Fund does not support subscription, redemption, conversion, fixed investment and other businesses. Opening positions gradually during the closed period can operate more smoothly and protect the interests of investors.

After the end of the fund opening period, it will be open for listing and trading. At this time, investors can buy or sell themselves. The subscription before the opening period is called subscription, and the subscription price is mostly 1 yuan. In a weak market, the funds in the opening period are usually more resilient because they have not completed all the positions, so investors cannot invest in new funds on this ground.

After reading the above introduction, I believe you have a good understanding of why there is a closed period after the fund subscription. The opening period of the fund is the same as the foundation we need to build to repair the house. The net value of the fund is published once a week during the opening period, which does not mean that there is no news during the opening period.