Fund subscription refers to the behavior that investors open fund accounts in fund management companies or selected fund consignment agencies and apply for purchasing fund shares in accordance with the prescribed procedures.

Second, the specific analysis

The number of subscribed fund shares is calculated on the basis of the net asset value of the fund shares on the subscription date, and the specific calculation method must meet the requirements of the relevant regulations of the regulatory authorities and be specified in the fund sales documents.

3. When will the fund subscription be confirmed?

The trading of funds is all T+ 1 confirmation (except QDII fund T+2). Of course, this refers to the trading operation before 15:00 on the same day.

T day refers to the trading day, and Saturday, Sunday and legal holidays are all non-trading days.

Take a money fund as an example, it takes T+ 1 working day to confirm the share, and you can enjoy the expected annualized expected income on the day of confirming the share.

Namely:

If you subscribe for ICBC currency at noon on Thursday, that is, before 15:00 pm, you can enjoy the expected annualized expected income on Friday night. If you buy at 16:00 on Friday afternoon, it is after 15:00, and Saturday and Sunday are not working days, which is equivalent to buying on Monday, and confirming the share on Tuesday to enjoy the expected annualized expected income.

Please refer to the table below for detailed subscription working days.