On-site funds are funds that need to be invested through the stock market. General closed-end funds and ETF funds can only be purchased in the market. Of course, if you are a big investor, you can still buy ETF funds in the primary market. There is a difference between subscription and subscription when conducting on-site fund transactions. Let's introduce it in detail below.

The difference between on-site fund subscription and subscription

The time of 1 is different: generally, on-site fund subscription is an operation during the fund raising period, and the funds subscribed during the fund raising period often generate interest, which will be converted into fund shares held by investors after the fund is formally established; Fund subscription is carried out after the establishment of the fund.

2 Different rates: The rate of the on-site fund during the subscription period is lower than the subscription rate. Since fund subscription occurs during the fund raising period, listed companies often discount the subscription rate of funds to attract investors to subscribe for funds, so as to raise funds and formally establish funds as soon as possible.

3 trading method: after subscribing for the on-site fund, if the investor returns and wants to redeem the fund, he must wait until the fund is closed before operating; Those who purchase funds can go through the redemption procedures on the next trading day.