The so-called fund for playing new shares is to use this money for playing new shares. It can also be said that the innovation of this fund lies in the application of raised funds in the investment direction of the fund, and the expected annualized income is obtained from the price difference of new shares through the advantage of subscription scale. When issuing new shares, if you want to subscribe, you need to have corresponding shares. Many institutions launch new funds to let customers buy such funds to participate in new shares, because the success rate of offline subscription of new shares is higher than online subscription. However, in general, playing new funds is not just for playing new shares. Investors need to see clearly that some new funds are set up for the remaining funds to invest in bonds, and some are for secondary market stocks. If it is the latter, the risk is not low.
From the perspective of fund types, there are three main types of funds that are expected to set foot in new business. One is pure debt funds and enhanced debt funds that can participate in the subscription of new shares (including offline placement); The second is all kinds of stock-based funds with balanced and flexible allocation, and the third is full-time innovative funds specially designed for innovation. This is because bond funds have been completely banned from participating in offline innovation since the Securities Industry Association issued the Code for Underwriting of Initial Public Offerings. Among other types of funds, money funds are not allowed to participate in equity investment, QDII funds are also restricted by fund contracts, and equity funds are restricted by minimum 80% stock positions. Therefore, at this stage, the main participants in Public Offering of Fund are hybrid funds and capital preservation funds.
The way to buy new shares is the same as other ways to buy funds, and it can also be purchased through fund companies, banks and online banks. For details, please refer to how to buy 50etf funds.