Nothing, which means that you have caught up with the last day of its open subscription at this stage. Too large a fund scale is not conducive to the operation and management of fund managers. Therefore, when the fund size reaches a certain upper limit, such as 65.438+000 billion, the fund company will close the subscription for the fund, that is, it can no longer buy. After a period of time, if the size of the fund declines, the subscription will be opened again.

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Front-end charge refers to the way investors pay subscription fees when buying open-end funds. Back-end charge refers to the payment method that investors do not pay the subscription fee when they buy open-end funds and wait until they sell them.

Back-end fees are designed to encourage investors to hold funds for a long time. Therefore, the rate of back-end charges will generally decrease with the growth of holding funds. Some funds even stipulate that if investors can hold the fund for more than a certain period of time before selling, the back-end fee can be completely exempted.

However, the number of funds supporting back-end fees is small.