What is the difference between subscription and subscription?
The subscription price of each share of the Fund is 1 yuan, which is usually subscribed according to the unit net value. Subscription funds are usually redeemed after a closed period, and subscription funds can be redeemed at the second trading time. During the subscription period of stock funds, listed companies will discount the subscription rate in order to raise funds quickly, resulting in the subscription rate usually being lower than the fund subscription rate. After the fund subscription, investors can only redeem the fund after the fund closure period, and investors can only sell the fund subscription on the next trading day. In addition, there is a long closed period after the fund purchase, which will increase the uncertainty risk of investors holding the fund.