1. Opening of fund account.
2. Opening of fund account: A fund account is a settlement account opened by an investor in a fund consignment bank or securities company to handle fund business.
3. Subscription confirmation: When individual investors apply to subscribe for open-end funds, they need to deposit enough cash in the fund account. Individual investors can not only subscribe for funds in person at fund sales outlets, but also submit subscription applications by telephone, online transactions and fax. When institutional investors apply to subscribe for open-end funds, they need to deposit enough cash in the fund account, fill in the subscription application form stamped with the official seal of the institution and the seal of the legal representative, and subscribe for funds. After submitting the subscription application on T day, investors can generally check the acceptance of the subscription application at the outlets that handle the subscription after T+2 days. Subscription method (amount subscription) The subscription of open-end funds adopts the method of amount subscription, that is, when investors apply for subscription, they do not apply directly with the subscription quantity, but with the amount. After deducting the corresponding expenses, it is converted into the subscription quantity according to the face value of the fund. Front-end charging mode and back-end charging mode, the front-end charging mode refers to the payment mode of paying subscription fee when subscribing for fund shares; The back-end charging mode refers to the charging mode of not charging when subscribing for the fund share and paying the subscription fee when redeeming the fund. Back-end charges are mainly to encourage investors to hold funds for a long time.