Fund subscription refers to the process of investors buying market share of open-end funds during the fund raising period before the fund is established. Usually the subscription price is the face value of the fund share plus a certain sales fee. So, can the fund subscription be refunded? Let's take a look!

Can the fund subscription be refunded?

If the subscription application has been accepted, the fund subscription money cannot be refunded, and if the subscription application has not been accepted, a refund can be made. Investors can cancel before 3 pm on the day of subscription. Investors can look for "fund transaction" in the software for purchasing funds and click Cancel. Buying a new fund is generally expressed by subscription. After the establishment of the new fund, it will enter a closed period, usually about 3 months. During this period, it is impossible to subscribe and sell, and the fund closure period will also cause profit and loss.

What is the subscription price of the fund?

Fund subscription refers to the behavior that investors open a fund account in a fund management company or a designated fund agency in accordance with the prescribed procedures and apply for the purchase of fund shares. The subscription price of the fund is determined according to the net value of the fund at the time of subscription.