Subscription is a purchase and participation during the fund issuance period. The fund has not yet been established, and the fee rate is low, which is somewhat conducive to the smooth establishment of the fund.

If you subscribe and participate in the fund during the duration of the fund, the fund has been established.

The fund contract stipulates that the fund subscription fee may be higher than the subscription fee.

During the duration of the fund, the subscription rate will generally be discounted through different fund sales channels.

①Subscription: In the early stage of the issuance of a new fund, purchasing during the fundraising period is called subscription.

The funds purchased at this stage are purchased at a net value of 1 yuan.

Number of fund shares purchased = (own money - handling fee)/1 ② Subscription: The fund has passed its initial fundraising period (usually 3 months), and buying a fund is a subscription.

The general net value of funds purchased at this stage has changed and is calculated based on the fund's net value at the close of the day.

The number of fund shares purchased = (own money - handling fee) / net value of the fund on the day. Warm reminder: There are risks in entering the market, so investment needs to be cautious.

Response time: 2021-08-09. For the latest business changes, please refer to the official website of Ping An Bank.