Generally speaking, the introduction of new funds is relatively detailed, saying that the fund manager is very good, the fund company is very good, etc. However, some investors feel that buying new funds is not recommended, so why not

Recommend buying new funds?

Is there a high probability that the new fund will rise?

We have prepared relevant content for your reference.

Why don’t you recommend buying new funds?

Funds have a position building period of 3 to 6 months. Compared with old funds, you need to be more patient when buying a new fund. During this period, the fund manager will build a position. Due to the existence of position building, the new fund will not open a position in the first few months.

The monthly position will be relatively low, and it will be relatively less affected by the market.

However, because new funds have a closing period, which is usually three months, the fund cannot be redeemed or sold before closing, and its liquidity is not good. In addition, many funds have no income during the closing period, and may even suffer losses.

Secondly, the new fund has been established for a short period of time and has no past performance as a reference. Although past performance does not represent future returns, past performance can help to understand the risk control capabilities of the fund manager.

Is there a high probability that the new fund will rise?

Whether the new fund has a high probability of rising depends on whether the fund's own investment targets are rising or falling. The situation of different funds will be different, but in the long run, the room for growth of type funds is relatively large, but

Since new funds have no past performance to refer to, it is generally difficult to judge whether the probability of a new fund rising is high.

When buying a new fund, you can usually look at the fund manager and fund company, and then decide whether to buy the fund based on your own situation.