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Fund prospectus ppt
With the fund becoming more and more popular among public investors, new investors completely turn a blind eye to complex fund terms and various technical terms, such as the difference between fund raising period and open period. Let me introduce the difference between the fund raising period and the open period.

The establishment of a fund goes through four processes: raising period, closing period, operating period and opening period.

Fund raising period refers to the raising period stipulated in the fund contract and prospectus, which is generally one to three months from the date of fund share sale, and the longest is not more than three months. During this period, the fund company will sell the fund through the fund direct sales department, securities companies, banks and other consignment agencies and third-party institutions. During the fund raising period, investors can only buy funds, which is also called fund subscription. The price for investors to subscribe for the fund is 1 yuan based on the net value of fund shares. The total subscription share of the fund is the amount agreed in the fund prospectus. If the number of shares is reached in advance, the fund raising period can be ended in advance, and the raised shares exceeding the limit are called over-raising; If the scale raised does not reach the minimum scale announced in advance, the fund cannot be established. The subscription money is returned to the investor in the original way.

After the fundraising is completed, the fund will enter a closed and open period of no more than three months. After that, according to the fund contract, it entered the open period.

The fund opening period, also known as the fund opening day, is the working day for investors to handle a series of businesses such as account opening, subscription, redemption, account cancellation, loss reporting and transfer. Open-end funds can only be redeemed during the period of fund opening. The open day of China's open-end funds is the normal trading day for the opening of the exchange, and the processing time is the opening time of the stock market.

Therefore, the fund raising period and the fund opening period are both a certain stage in the operation process, and there is no specific difference and connection between them. Tips: Financial management is risky, and investment needs to be cautious.