What is the difference between fund subscription, subscription, and appointment subscription?

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Among open-end funds, newly issued funds Purchases are called subscriptions, and purchases allowed by old funds again, including those allowed after the split, are all considered subscriptions. Generally speaking, subscription rates are cheaper than subscription.

As for making an appointment, everyone knows that the trading time of open-end funds is the same as the trading time of the stock market. If it exceeds or falls within the time, the transaction will not be completed. However, the website is open 24 hours a day, so if your commission purchase application is accepted during non-trading hours, it is just an appointment. The transaction will be automatically completed when the stock market opens the next day. The net worth is also based on the net worth announced the next night.

Since the prices of closed-end funds are traded in real time, the securities system is automatically closed after the trading hours, so there is no reservation for this project.

References: Personal opinions are for reference only