2. Fund subscription rate refers to the proportion of expenses that investors need to pay to purchase fund shares. When investors subscribe for different funds, the subscription rate may be different due to the size of the subscription amount. Here, calculate the maximum rate.
The subscription amount of open-end funds actually includes two parts: subscription fee and net subscription amount. The subscription fee can be calculated according to a certain proportion of the subscription amount or the net subscription amount. The domestic practice is generally to multiply the total purchase price (including fees) by the applicable rate to calculate the purchase fee, and deduct it from the purchase amount.
3. Fund subscription refers to the behavior that investors open a fund account in a fund management company or a selected fund agency and apply for the purchase of fund shares according to the prescribed procedures. The number of subscribed fund shares is calculated on the basis of the net asset value of the fund shares on the subscription date, and the specific calculation method must meet the requirements of the relevant regulations of the regulatory authorities and be specified in the fund sales documents.