Why should the fund limit the subscription amount?
There are three reasons for the fund to limit the subscription amount: the first is to protect the interests of investors, because if there are more short-term subscription funds, the investment layout of fund managers will be affected. The second is to facilitate the operation of fund managers. If the fund size is too large, it is not conducive to fund managers to adjust their positions and hold shares. The third is the rules of the fund. For example, a fund holding the same stock shall not exceed 65,438+00% of the fund's assets, and all funds under a fund company holding the same stock shall not exceed 65,438+00% of the market value of the stock.
The level of fund managers is closely related to the funds that can be operated, and the amount of funds is also closely related to the stocks held. Therefore, if investors buy more, the fund itself will be difficult to operate. This is the so-called small boat to turn around, small boat to turn around. In addition, QDII will be limited by the foreign exchange quota, so there are more people buying and selling, and the subscription will be suspended when the foreign exchange quota is used up. Before the subscription is suspended, only the subscription amount of 1000 yuan per person is allowed.
To sum up, this is the main reason for the fund to limit the subscription amount.