1, because the subscription rate will not be discounted, but the subscription rate will be discounted. But the subscription rate is not necessarily more expensive than subscription. Subscription is the procedure fee when the fund is newly issued, which is generally 1.2% or1.0%; Subscription is the transaction cost after the closed period after the fund is issued, which is generally 1.5%. General online banking is 20% off, and fund companies and securities companies are generally 60% off.

2. The so-called "subscription fee", referred to as "subscription fee", refers to the handling fee charged by the fund company to investors when investors subscribe for fund shares during the new fund raising period.

3. The subscription amount of open-end funds actually includes subscription fees and net subscription amount. The subscription fee can be calculated according to a certain proportion of the subscription amount or the net subscription amount. The domestic practice is generally to multiply the total purchase price (including fees) by the applicable rate to calculate the purchase fee, and deduct it from the purchase amount.