Subscription is the act of applying for purchasing a fund unit. Now take the fund as an example: units that apply to purchase funds during the issuance and raising period before the establishment of the fund can subscribe, and the purchase price is the unit price of the fund.

subscription refers to the behavior of investors applying to purchase fund shares during the existence of the fund after its establishment and during the period of subscription opening. After the fund closed period, if you apply to buy an open-end fund, it is customarily called fund subscription to distinguish the subscription during the issuance period.

fund subscription means buying. Listed closed-end funds are bought in the same way as ordinary stocks. Open-end fund is the amount you want to purchase, divided by the net value of the fund on the day of purchase, to get the number of buying units.

Redemption is generally used in the economic field, especially in funds. The applicant sells the fund units held by him at the published price and gets back the cash, which is customarily called fund redemption. Redemption of the fund is selling. Listed closed-end funds are sold in the same way as ordinary stocks.

Extended information:

Subscription fee: refers to the handling fee paid by investors when they purchase fund units during the fund issuance and raising period. At present, the prevailing calculation method of subscription fee in China is: subscription fee = subscription amount × subscription rate, net subscription amount = subscription amount-subscription fee; The subscription fee rate is usually around 1%, and there are corresponding concessions with the size of the subscription amount.

Subscription and subscription are both acts of applying for the purchase of fund units, and the difference lies in the time frame and purchase price: applying for the purchase of fund units during the issuance and raising period before the establishment of the fund is called subscription, and the purchase price is the fund unit price; After the establishment of the fund, applying for the purchase of the fund unit is called subscription, and the purchase price is the net value of the fund unit on that day.

subscription fee refers to the handling fee paid by investors when they purchase fund shares from fund managers during the duration of the fund. 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. At present, the subscription fee rate is about 1.5%, and there are corresponding concessions with the size of the subscription amount.

the subscription rate of funds refers to the ratio of fees that investors have to pay to purchase fund shares. When investors subscribe for different funds, the subscription rate may be different due to the size of the subscription amount. Here, the maximum rate is calculated.

the redemption of the fund means selling. Listed closed-end funds are sold in the same way as ordinary stocks. Open-end fund is to apply for selling all or part of the fund you hold to the fund company to redeem your price. The amount of redemption proceeds is the number of units that sell the fund, multiplied by the net value on the day of sale, and then the redemption fee is deducted.

Baidu Encyclopedia-Subscribe

Baidu Encyclopedia-Subscribe

Baidu Encyclopedia-Redeem