Many people only know how to choose a good fund and submit a purchase application, but in fact, buying a fund is divided into fund subscription and subscription. The act of buying a fund in the initial stage of fund raising is called subscription, and the act of buying a fund after its establishment is called subscription. Although they all buy funds, the expenses incurred are different in different periods of the fund.

Which is more cost-effective, fund subscription or subscription?

Fund subscription is more cost-effective, because the price is lower when the fund is subscribed. Except for the monetary fund (the face value is always 1 yuan), the subscription/redemption of other funds are conducted according to the principle of unknown price, and the subscription rate of funds during the subscription period is relatively more favorable than that during the subscription period.

Fund subscription refers to the process of investors buying fund shares during the period of raising open-end funds and before the establishment of funds. Fund subscription refers to the behavior that investors open fund accounts in fund management companies or selected fund consignment agencies and apply for purchasing fund shares in accordance with the prescribed procedures.

Funds purchased during the subscription period can generally be redeemed after the closed period, and the purchased funds should be redeemed on the second trading day after the successful subscription. Furthermore, fund subscription is to buy a new fund. Because the fund has no historical performance for investors to refer to, the risk is relatively high.

The difference between fund subscription and subscription:

During the subscription period of 1, the fund is generally subscribed at the face value of 1 yuan, while during the subscription period, it is subscribed at the unknown net value of the fund on the subscription day.

The interest generated during the subscription period is subject to the records of the registration center, and automatically converted into the investor's fund share when the fund is established, that is, the interest income increases the investor's subscription share.

3 The subscription code of some on-site funds is different from the fund listing code.

4 The fund subscribed by investors during the subscription period generates interest (the interest generated during the subscription period is subject to the records of the registration center), which is automatically converted into the investor's fund share when the fund is established, that is, the interest income increases the investor's subscription share. After the establishment of the fund, the purchased fund becomes an investment, and the risk is borne by the investor, so the interest cannot be calculated.

Fund subscription and fund subscription have their own advantages and disadvantages. When buying a fund, don't care too much about subscription or subscription, mainly to see if the fund can bring you good returns.