Today I am Song Dan to answer the above questions. The meaning of subscription is easy to understand, and I believe many small partners still don't know it. Now let's have a look!

1. The fund subscription during the initial offering of the fund is called subscription; The act of purchasing a fund after its establishment is called subscription; Under normal circumstances, the rate of purchasing funds during the subscription period is relatively more favorable than that during the subscription period.

2. Funds purchased during the subscription period can only be redeemed after the closed period, and the purchased funds should be redeemed on the second working day after the successful subscription.

3. The interest generated during the subscription period shall be subject to the records of the registration center. When the fund is established, it is converted into the investor's fund share, that is, the interest income increases the investor's subscription share.

4. During the subscription period, the fund generally subscribes at the face value of 1 yuan, and the subscription rate is usually more favorable than the subscription rate.

5. One of the differences between subscription period and subscription period is interest.

6. Interest means that during the fund raising period, because the fund has not been established, the investor's money has not been invested after it reaches the account of the fund company, so interest should be calculated and converted into fund shares and included in the fund account.

7. After the establishment of the fund, the subscribed fund becomes an investment, the risk is borne by the investor, and the interest cannot be calculated.

8. Legal basis: Article 66 of the People's Republic of China (PRC) Securities Investment Fund Law stipulates that fund managers shall purchase and redeem fund shares every working day; If there are other provisions in the fund contract, those provisions shall prevail.

9. The investor pays the subscription fee and the subscription is established; Subscription takes effect when the fund share registration institution confirms the fund share.

10, the fund share holder submits the redemption application, and the redemption is established; Redemption takes effect when the fund share registration institution confirms redemption.

1 1. Article 87 of the Law of People's Republic of China (PRC) on Securities Investment Funds shall be offered to qualified investors, and the cumulative number of qualified investors shall not exceed 200.

12. The QFII mentioned in the preceding paragraph refers to the units and individuals that have reached the prescribed asset scale or income level, have the corresponding risk identification ability and risk-taking ability, and the subscription amount of their fund shares is not less than the prescribed limit.

13. The specific standards for qualified investors shall be formulated by the the State Council Securities Regulatory Authority.