Fund subscription is also a kind of buying fund. Fund subscription refers to the process of investors buying fund shares during the period of raising open-end funds before the fund is established. If you buy after the establishment of the fund, the income calculation will be different, then can the fund be sold after subscription?

Can the fund be sold during the subscription period?

The subscription period of this fund cannot be sold. The subscribed funds cannot be sold during the subscription period, but can only be sold after the subscription period ends. Because the subscription period of the fund is closed, it can only participate in the subscription and cannot be sold. After the subscription, the OTC fund needs to wait for the listing of the fund, and the subscribed OTC fund needs to wait for the end of the closed period before it can be sold.

After the fund raising period and capital verification, the contract was formally established, and then the fund entered a closed period. Redemption is not supported during the closed period. Generally, the subscription and redemption will start within 3 months from the effective date of the fund contract. As some funds are open on a regular basis, the specific opening arrangements shall be subject to the fund contract.

In addition, if closed-end funds and transactional open-end index funds meet the listing requirements after the contract comes into effect, the fund manager may apply to the Shanghai Stock Exchange/Shenzhen Stock Exchange for listing according to the relevant rules, and they can be traded on the secondary market after listing.

The above is about whether the fund can be sold during the subscription period. I hope it will help you. Buying a fund requires mastering a lot of knowledge and rules, and you can learn more every day.