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1 second lets you understand what fund subscription is.

Fund subscription refers to the behavior that investors open a fund account with a fund management company or a selected fund agency and apply for purchasing fund shares according to the prescribed procedures. The number of subscription 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.

there are subscription fees for fund subscription. Subscription fee refers to the handling fee paid by investors when they buy fund shares from fund managers during the fund's existence. China's "Pilot Measures for Securities Funds of Open-end Investment Funds" stipulates that open-end funds can charge subscription fees, but the subscription rate shall not exceed 5% of the subscription amount. The subscription fee rate is usually around 1.5%, and there are corresponding concessions with the size of the subscription amount.

time of fund subscription. Fund companies implement the principle of T+1 confirmation. Generally speaking, you can see the fund shares you subscribed for in your fund account on the second trading day, and the latest one, such as Huaxia Fund, can be seen on the third trading day. Usually, it can be redeemed or converted on the third trading day.

when the speed of economic development gradually declines, we should gradually take profits and turn them into fund products with stable expected returns. Based on the comprehensive situation of stock market and economic development, it is expected that there will be good development in the next few years, which should be a good opportunity to invest in stock funds.

To sum up, this is the introduction of fund subscription. I believe everyone knows what fund subscription is. I hope everyone will treat it cautiously in investment and financial management, and then embark on the road of getting rich.