Fund subscription refers to the behavior that investors open fund accounts in fund management companies or selected fund consignment agencies and apply for purchasing fund shares in accordance with the prescribed procedures. The number of subscribed fund shares is calculated according to the net asset value of the fund shares on the subscription date.

Fund sales are divided into consignment sales and direct sales. Generally, you can buy software in banks, securities companies or third parties, and you can buy it directly in fund companies and in the sales department of fund companies.

Where did the money deducted from the fund subscription go?

After the user purchases the fund, the fund company will transfer the corresponding share to the user's fund account after receiving the purchase instruction. After the share is confirmed, the amount of funds purchased will be transferred to the account of the fund company, and investors will get the fund share. The fund account is related to individuals, so if you buy a fund with a bank card, the money is in the bank card fund account, and you can check it in the mobile banking or the bank's intelligent teller machine.