Fund purchase is divided into subscription period and subscription period. The act of purchasing fund shares during fund raising is called fund subscription, and the general subscription period is one month at the longest. After the end of the raising period, investors apply to buy fund shares, which is usually called fund subscription.
Subscriptions during the fund-raising period will generally enjoy certain preferential rates. Take Hua Fu's competitiveness below 1 10,000 as an example, the subscription rate is 1.0%, while the subscription rate is 1.5%. However, funds purchased during the subscription period can only be redeemed after the closure period. This time is used by fund managers to open positions and cannot be bought or sold, but the purchased funds can be redeemed on the second working day.
Fund subscription refers to the process of investors buying fund shares during the period of raising open-end funds and before the establishment of funds. Usually, the subscription price is the face value of the fund share (1 yuan/share) plus certain sales expenses. Investors who subscribe for this fund shall fill in the subscription application form at the fund sales point and pay the subscription fee.
Subscription and subscription are both acts of applying for purchasing fund shares. The difference is that: applying for subscription of fund shares during the issuance and raising period before the establishment of the fund is called subscription, and the subscription price is the unit price of the fund; After the establishment of the fund, the application for subscription of fund shares is called subscription, and the subscription price is the net value of fund shares on that day.
Extended data:
Fund subscription refers to the process of investors buying fund shares during the period of raising open-end funds and before the establishment of funds. Fund subscription refers to the behavior that investors open a fund account in a fund management company or a selected fund consignment agency and apply for the purchase of fund shares according to the prescribed procedures.
Fund subscription is actually the fund share subscribed by investors to fund companies or banks and other consignment fund institutions during the fund raising period. Generally speaking, the subscription rate of the fund is lower than the subscription rate. Fund subscription is the fund share purchased by the fund from some specialized agencies after the fund contract is established. Regardless of subscription or subscription, the fund shares obtained enjoy the same division of labor.
Fund subscription is actually the purchase during the subscription period. Therefore, the subscription rate of funds is relatively low, but the subscription of funds usually has a closed period, which is basically three months. Subscription funds are different from subscription funds. Subscription funds are funds invested after the subscription period, and the cost of such funds is much higher than that of subscription funds. However, it is suggested that investors who have just started to contact the fund invest in the subscription fund, because there are certain risks in subscribing the fund.
References:
Baidu Encyclopedia-Purchase