How to buy a dual-creation 50ETF when the subscription is imminent?
There are three subscription methods of ETF, including online cash subscription, offline cash subscription and offline stock subscription. Judging from the subscription methods of these double-creation 50ETF funds, Nanfang, Jiashi, Huaxia, Cathay Pacific, Huabao and China Merchants only support online cash subscription, while Yifangda, Yin Hua and Guo Fu support online cash subscription and offline stock subscription.
Online cash subscription refers to investors' cash subscription on trading software through stock accounts, and offline stock subscription refers to subscription of OTC stocks through fund companies. Generally speaking, we ordinary investors subscribe in cash online.
How to operate specifically?
First of all, you should have an existing securities account, which has been opened in Shanghai and Shenzhen, or a fund account. However, the fund account can only be used for ETF cash subscription and secondary market transactions. If you need to participate in ETF redemption, you should open an A-share securities account.
If the double-creation 50ETF you want to buy is available in a securities company, you can subscribe through the trading software of the securities company.
Trading hours are from 9: 30am to11:30am and1:00pm from Monday to Friday. Search the code of Shuangchuang 50ETF fund on the trading software of the brokerage firm, find the corresponding Shuangchuang 50ETF, enter the quantity and confirm the subscription. Or there is a special subscription menu for online cash subscription of Shuangchuang 50ETF Fund. Specifically, you can consult the customer service of the corresponding brokerage firm for guidance. After all, the trading software design of each broker is different.
For a single subscription of 1 1,000 copies and its integral multiple, the subscription fee is "extra charge", that is, subscription of 1 1,000 copies, and the system will deduct 1 1,000 yuan+handling fee.
If 9 dual-creation 50ETF are placed in proportion, some unconfirmed funds will be returned to the investor's account and can be used within a few trading days after the end date of raising. The first batch of fund companies issuing dual-creation 50ETF are all very strong fund companies.