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What does 1000 mean?
Fund start 1000 yuan. That is, you have to take at least 1000 yuan to buy a fund. What you buy with money is the fund share, such as 1 0,000 yuan, net fund value 1 yuan, subscription fee 1 0,5%, and the fund share you buy is 9852 1 share. Redemption of funds is calculated according to how many fund shares you hold. That is, the fund shares are sold and the cash is returned to the account. Redemption of cash = your fund share multiplied by the net value of the fund on that day. Hold for 3-5 years without redemption fee. The redemption fee is 0.5%.