Placement ratio means that the amount subscribed by the new fund exceeds the amount issued, in which case it will be distributed to investors in proportion. For example, if fund A is issued, the net value of the fund 1 and the issuance 1 100 million yuan. The raising period is one trading day. After the fundraising period, the accumulated subscription amount is 2 billion yuan. If an investment subscribes for a fund of/kloc-0.00 million yuan, then the investor can only get a fund share of 500,000 yuan after proportional placement.

Proportional placement of funds means that when the total amount of funds subscribed by investors has exceeded the limited sales scale of the fund company, for the sake of fairness, the fund company has to distribute it to investors in proportion to the original scale and the total raised amount. Placement ratio = restricted sales scale/total effective subscription during the raising period ×100%; Confirmation amount of investor's subscription application = effective subscription application amount submitted during the raising period × placement ratio.

The biggest difference between the fund proportional placement and the previous fund issuance method is that investors can subscribe for new funds without queuing, and all valid subscription applications can be confirmed as long as the fund raising scale does not exceed the prescribed fundraising ceiling; If the scale limit is exceeded, the customer's subscription application will be confirmed in proportion, that is, the amount subscribed by investors can only be partially completed.

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1. Fund, in English, refers to a certain amount of funds established for a certain purpose in a broad sense. It mainly includes trust and investment funds, provident funds, insurance funds, retirement funds and funds of various foundations. From the accounting point of view, capital is a narrow concept, which refers to funds with specific purposes and uses. The fund we are talking about mainly refers to the securities investment fund.

2. open-endfunds (LOF) are called "Listened Open-end Fund" or "open-end funds" in English, "listed open-end funds" in Chinese and * * * mutual funds abroad. In other words, after the issuance of listed open-end funds, investors can purchase and redeem fund shares at designated outlets, or buy and sell funds on exchanges. However, if investors want to sell the fund shares purchased at designated outlets, they must go through certain transfer custody procedures; Similarly, if you want to redeem the fund shares you bought online on the exchange and redeem them at designated outlets, you must also go through certain transfer custody procedures.