When the new fund was established, it was held in cash. It will take some time for fund companies to allocate cash to stocks. This process is opening positions. The length of opening positions is long and short. Some fund companies will complete the opening of positions within a few days to a week or two; However, some fund companies may need several months to gradually open positions.
Before the completion of opening positions, the performance of this new fund is likely to be temporarily different from that of the corresponding index. Therefore, we usually wait for the completion of the new fund before considering whether to allocate it.
There are usually two methods.
The first method is to look at the quarterly report of the fund, and there will be explanations.
After the listing of the new fund, the quarterly report is worthy of attention.
The quarterly report can be found in official website, a fund company.
The second method is to estimate by yourself.
For example, the index rose by 3% this week, and the corresponding index funds also rose by about 3%, which means that the opening of new funds may be similar.