What is the difference between fund subscription and subscription?
Fund purchase is divided into subscription period and subscription period. The initial offering of fund shares is called fund raising, and the purchase of fund shares during fund raising is called fund subscription. The general subscription period is up to one month. 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 of less than 1 10,000 yuan as an example. The subscription rate is 0, and the subscription rate is 0, but the funds purchased during the subscription period generally have to go through a closed period before they can be redeemed. This time is used by fund managers to open positions and cannot be bought or sold, but the subscribed funds can be redeemed on the second working day.
Which is better, subscription or subscription?
Subscribe for "White Horse" Fund
Because the subscription fund has a closed period of several months, there is almost no expected annualized expected return in these months, and how the fund will operate after the closed period is still unknown. Therefore, when choosing the subscription method, we must have a deep understanding of the subscribed fund, including the expected investment composition of the fund, the reputation of the fund company, and the qualifications of the fund manager. If you think this fund is a potential "white horse", you can boldly adopt the subscription method at this time. In addition, the subscription and subscription rates of the same fund are different. In order to pursue the initial amount, the prescribed subscription rate is generally lower than the subscription rate.
For example, for a fund of 50,000 yuan, the subscription rate is 1%, and the subscription rate differs by several percentage points. So from the perspective of saving money, if you are optimistic about a certain fund, try to subscribe at the time of issuance.
Buying can avoid "stepping on thunder"
Now more and more people tend to subscribe for funds, because if you are not sure about the subscribed funds, you are likely to step on a "mine" and cause great losses to your investment. By subscribing, we can wait and see the performance of this fund after it has gone out of the closed period. Although the subscription fee is relatively expensive, it can avoid and resolve investment risks as much as possible. Especially for money funds, the annualized expected return of 7-day historical expectation will be announced every day after the fund enters the opening period, so the expected annualized expected return of each fund is quite different. In this case, comprehensive measurement and preferential subscription will be more conducive to improving the annualized expected return of investment.
"Curve" Subscription and Smart Subscription
Once the fund is subscribed or purchased, it should not be redeemed or replaced in the short term. The important obstacles are high redemption rate and subscription rate. However, in order to attract investors, major fund companies have preferential treatment for various fund conversions within their own companies. In addition, money funds can purchase, purchase or redeem freely, so making good use of these two resources flexibly and investing in open-end funds by "curve" purchase can achieve the purpose of convenient replacement and cost saving. Take a fund as an example. According to the regulations of fund companies, the company's monetary funds can be converted into stock funds or balanced funds, and the conversion rate is only 1%. However, the subscription rates for direct subscription of these two funds are all above.
Therefore, first buy money funds by subscription or subscription, and then convert them into stock funds or balanced funds that you are optimistic about. In this way, you spent the money subscribed, but achieved the financial management effect of purchasing selected funds. This method is worth a try.