The maximum daily cumulative subscription limit of the fund refers to the maximum amount that can only be bought on that day. For example, the cumulative purchase limit of 3000 yuan per day for southern crude oil A means that only 3000 yuan can be sold on that day, and the surplus cannot be traded. If there is no subscription limit, then how much money can be purchased.

Reasons for the Fund to implement the daily cumulative subscription ceiling

1, to prevent large funds from suddenly buying funds for arbitrage.

2. As the node of fund company's performance appraisal approaches, for reasons such as performance ranking assessment, fund companies may implement purchase restriction and guaranteed income one after another to avoid diluting the holders' income and effectively prevent excessive fluctuations in net worth.

The bigger the fund, the better. When some funds are too large, it is not conducive to the management of fund managers, and it is necessary to implement a single-day cumulative subscription ceiling.

Types of funds in the market

The risk of fund classification is from low to high.

1. Monetary Fund: Monetary Fund is characterized by high security and high liquidity. Under normal circumstances, the possibility of money fund losses will be very small, investors only need to choose a fund company with strong anti-risk ability, and money funds are more suitable for conservative investors to invest.

2. Bond funds: Bond funds invest in bonds with fixed expected returns, such as government bonds or corporate bonds, which have the characteristics of redemption at any time. Usually, bond funds will fluctuate in the short term and grow steadily in the long term, which is more suitable for stable investors and can better meet the security needs of investors.

3. Hybrid funds: Hybrid funds can invest in all the targets of other funds, so their risk level can also be adjusted. Generally, it will be a bond-type, stock-type hybrid fund or a balanced fund. Therefore, investors can choose funds according to their risk preferences. The risk level is medium-high risk.

4. Index fund: Index fund tracks the index. Compared with other funds, it is less dependent on fund managers. Because it has the function of tracking targets, its information transparency is higher. The general risk level is high risk.

5. Equity funds: Equity funds are the most risky investment funds in fund investment. Because its investment target is the stock of listed companies, which fluctuates greatly, it is very important to choose a better fund manager. The better the manager, the better the capital allocation and investment strategy, and the higher the profit may be.

6. Other fund types: hedge funds, linked funds and enhanced funds are developed on the basis of conventional funds. These funds have their own investment advantages and different risk levels, which generally need to be analyzed in detail.