In order to control the scale of the fund and facilitate the future operation of the fund, the fund company limited the scale of sale when raising funds, but the actual amount raised exceeded the original amount. In order to be fair, the fund company has to distribute it to investors according to the original scale and the proportion of the total amount raised, which is called proportional placement.

Proportion of placing = scale of restricted sale [such as 654.38+000 billion yuan]/total effective subscription application during the raising period * 654.38+000%.

Confirmation amount of investor's subscription application = effective subscription application amount submitted during the raising period × placement ratio.

Extended data

The biggest difference between proportional placement and previous fund issuance is that investors can subscribe for new funds without queuing. All valid subscription applications can be confirmed as long as the fund raising scale does not exceed the prescribed fundraising limit.

If the scale limit is exceeded, the customer's subscription application will be confirmed in proportion, which means that the amount subscribed by the investor can only be partially completed. Although only a part of the amount may be traded in the proportional placement, investors who apply for effective subscription during the actual fundraising period can trade a certain proportion, which also reflects the principle of fairness.

Baidu Encyclopedia-Funding