What is 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. Usually, the subscription price is the face value of the fund share (1 yuan/share) plus certain sales expenses. Investors who subscribe for this fund shall fill in the subscription application form at the fund sales point and pay the subscription fee.

Trading means

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.

The difference between fund subscription and subscription

The operation of a fund usually includes product design, approval, issuance confirmation, fund raising, liquidation and formal operation. The main difference between fund subscription and subscription lies in the different stages of fund operation at the time of subscription.

Subscription refers to the purchase made by investors during the fund raising period when the fund has not been officially listed. Subscription means that investors buy after the end of the raising period. At this time, the fund has been in the formal operation stage, and some funds also support the fund subscription at the end of the closed period.