Some funds can only buy 100 yuan, which may be the reason for the fund's purchase restriction. When the market is hot, more excellent foundations are sought after by many investors. If many people buy in a short time and the funds are relatively high, it will be a great challenge to the management of fund managers.
Because more people buy, there will be more funds, and the fund scale will be large, so there will be restrictions on buying funds at this time, and it may only be 100 yuan, which is convenient for fund managers to operate.
Secondly, there is another possibility that investors can't buy if the purchase amount is less than 100 yuan, because the threshold of this fund is 100 yuan, so they can only buy if the amount reaches 100 yuan or more.
However, judging from most funds, the threshold is basically not high, and there are many funds below 100 yuan. If it is because of the threshold, you can buy it in a fund with a low threshold. Just pay attention to the risk of funds, so when buying funds, you should choose carefully and analyze in many aspects, and choose an excellent fund to hold for a long time.