I. Subscription application during the fund raising period
During the fund raising period, investors can check whether to accept the subscription through the sales organization or the fund customer service hotline within two working days after submitting the subscription application. Once accepted, investors can't cancel, but they can make multiple purchases. After the fund is established, they can check the subscribed fund shares. According to the Fund Law, the raising period shall not exceed 3 months at the longest; Fund products purchased during the subscription period will have interest income. From the day of subscription T+2 to the day before capital verification, the customer enjoys the interest during the raising period, and the interest is generally calculated according to the interbank deposit rate.
After cancellation, the arrival time of funds may be different. If the bank card purchases the bank interest rate, the funds will be returned to the bank card within T+2 working days after cancellation.
Second, what is a fund subscription?
Fund subscription refers to the process of investors buying fund shares during the period of raising open-end funds and before the establishment of funds. The share of listed new funds is usually one yuan, and investors need other handling fees to purchase directly through subscription. Investors fill in the subscription application form at the fund sales point, pay the subscription fee, or buy and hold the fund directly online.
Third, the difference between fund subscription and fund subscription
Fund purchase is divided into subscription period and subscription period. The initial offering of fund shares is called fund raising, and the purchase of fund shares during fund raising is called fund subscription. The general subscription period is up to one month. After the end of the raising period, investors apply to buy fund shares, which is usually called fund subscription. Subscriptions during the fund-raising period will generally enjoy certain preferential rates. Take Hua Fu's competitiveness whose price is lower than 1 10,000 as an example, the subscription rate is 1.0%, while the subscription rate is 1.5%. However, funds purchased during the subscription period can only be redeemed after the closure period. This time is used by fund managers to open positions and cannot be bought or sold, but the purchased funds can be redeemed on the second working day.
Fourth, fund subscription can be withdrawn.
If you buy before the afternoon of the trading day 15, you generally need to cancel the order before the afternoon of the same day 15.
Buying after the afternoon of the trading day 15 is generally cancelled before the afternoon of the next trading day 15.
If the purchase is made on holidays or after the end of the previous trading day, it will also be cancelled before the afternoon of the next trading day 15.
For example, Xiaohe subscribed at 10 on Monday morning, so if he wants to cancel the order, he can do it before 15 that afternoon. However, if you buy at 15: 30 in the afternoon, you have to cancel the order, and you can cancel the order on Tuesday afternoon 15. And if it is purchased after Friday afternoon 15, or on Saturday, it is enough to cancel the order before next Monday afternoon 15.
Generally speaking, although the fund can cancel the order, there will be a time limit, and the order cannot be cancelled after 15. After cancellation, the funds will usually be returned within 2 trading days.