The "one year" of the fund refers to 365 days, and "two years" refers to 730 days. Counting from the day you hold the fund, that is to say, if you subscribe, then the subscription period is not counted, counting from the day the fund is established.
If you subscribe, it will be counted from the day when you hold the share. For example, if you subscribe today, it will be confirmed tomorrow, and it will be counted from tomorrow.