Fund subscription rate is an index to measure the cost that investors need to pay to buy fund shares. Subscription rate refers to that when investors subscribe for different funds, the subscription rate may be different due to the size of the subscription amount. Here, calculate the maximum rate. The subscription amount of open-end funds actually includes two parts: subscription fee and net subscription amount. The subscription fee can be calculated according to a certain proportion of the subscription amount or the net subscription amount. The domestic practice is generally to multiply the total purchase price (including fees) by the applicable rate to calculate the purchase fee, and deduct it from the purchase amount.
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After the fund is closed, if you apply to buy an open-end fund, it is customarily called fund subscription to distinguish it from subscription during the issuance period. The subscription of the fund is to buy. Listed closed-end funds are bought in the same way as ordinary stocks. Open-end fund is the number you want to buy, divided by the net value of the fund on the day of purchase, and the number of purchase shares is obtained.
Investors who have opened stock accounts are not allowed to open fund accounts again, otherwise it will cause inconvenience or loss to their subscription and trading. An investor can only open and use one capital account, and can only correspond to one stock account or capital account. It is not allowed to open and use multiple stock accounts or one or more fund accounts corresponding to fund accounts for subscription. Investors of the Shanghai Stock Exchange (using the stock account or fund account of the Shanghai Stock Exchange) must go through the transaction procedures designated by the Shanghai Stock Exchange before purchasing.
Baidu Encyclopedia-Fund subscription rate