Funds don't have to buy new funds that have just been listed, and the quality of new funds is simply unknown, while the performance of old funds can be used as a reference. It will take about 2 months for the newly raised funds to open positions. During this period, your fund is closed and unprofitable, and the new fund has not passed the performance test. No one knows whether it can be done well.

The old fund has stood the test of time and its performance is obvious to all. Whether it is good or bad can be measured by numbers. You can choose the right fund according to your risk preference and income target, and get a higher and faster return on investment.

Extended data

Buying fund skills:

The correct approach should be to strive for progress steadily and buy in stages, stages and batches. Buy in installments, not to buy a little today, a little tomorrow, and all in a week. Not if you buy it frequently, which is actually equivalent to a one-time purchase.

It is best to divide the purchase funds into three years and buy a little each month, so that you can buy gradually, with an average of about 3% per month, but you can also buy a little more, for example, 5% per month, divided into two years and 24 months. If you buy 10% every month, you will not be able to achieve the goal of purchasing the fund by stages, sharing the risks and obtaining the average market income.