Subscription, subscription and redemption
Fund trading has special trading terms.
Subscription refers to the purchase of funds during the subscription period of funds. At this time, the fund has not been formally established, and it is still the fund raising period. At this time, the price of the fund is generally 1 yuan.
Subscription also refers to the purchase of funds, which occurs in the open period after the fund is formally established. Buying a fund during the opening period is called fund subscription. At this time, the price of the fund, that is, the net value of the fund, is not necessarily 1 yuan. The net value of the fund fluctuates, depending on the operation of the fund. The net value may be higher than 1 yuan, and the operation is not good, or lower than 1 yuan.
The rate generated by the Fund during the subscription period is the subscription fee, which is generated during the subscription period. Generally speaking, subscription is not discounted, and most platform subscription fees will be 1 discount.
Redemption refers to the sale of funds. There is a redemption fee for redeeming the fund, but the redemption fee of the fund is generally collected step by step. The longer you hold it, the lower the redemption fee, and even the redemption fee will be waived after one year.
Trading rules
The trading of funds needs to follow certain trading rules.
The purchase and sale of funds are calculated by share, and there will be a starting purchase amount, which is generally 100 yuan. If the net value of the fund is 2 yuan at this time, then buying 100 yuan means buying 50 fund shares.
Many funds started with the fixed investment of 10 yuan.
If the fund subscription is submitted on T day, the share will be confirmed on T+ 1 day, and the profit and loss can be seen when the net value is updated on T+ 1 day. The fund only has a net value every day, so as long as you submit it before 3 pm that day, your subscription price will be calculated according to the updated price of the net value that night. If it is submitted after 3 o'clock, it will be postponed to the next trading day.
The sale of the fund is also submitted on T day, and T+ 1 confirms the share, but the time for the fund to arrive at the bank card will vary according to different trading channels. For example, every day's funds are T+4 bank cards.
The redemption time of money funds will be faster. Generally, T+ 1 can get the bank card.
Moreover, the CSRC stipulates that those who hold it for less than 7 days will be charged a redemption fee of 1.5%, except for monetary funds. It is also to encourage investors to make long-term investments.
Fund trading skills
There are two ways to buy funds: fixed investment and one-time investment. One-time investment is to put the fund you want to buy into the fund at one time, select a fund, enter the bought fund and confirm the purchase.
A fixed investment in a fund is to buy a fixed amount of funds into a fund within a fixed period of time. The general fund trading platform has the option of fixed investment.
Knowing the fund to be invested, after choosing the fixed investment method, choose the fixed investment period (such as monthly fixed investment or weekly fixed investment), the deduction time and amount of each period. After the first setting, the money will be deducted automatically at the next meeting, which saves worry and effort.
Apart from the money fund, we generally recommend making long-term investments according to investors' investment objectives, not day trading or the so-called band.
Facts have also proved that few ordinary investors who want to sell high and suck low through the band can make money for a long time.
Redeemed funds don't want to sell. Only when the income target is achieved, the fundamentals of the fund have changed significantly, and the strategy needs to be adjusted and balanced, should we consider redeeming the fund.
I hope the above contents are helpful to you.