The so-called subscription rate, referred to as subscription fee, is the handling fee charged by the fund company to investors in a certain proportion when investors buy fund shares during the new fund raising period. In the past, when calculating fund subscription, the subscription fee was calculated by multiplying the subscription amount by the subscription rate. However, this calculation method is extremely unreasonable. Subscription rate refers to the ratio of subscription fee to net subscription amount. Among them, the net subscription amount is the subscription amount after deducting the subscription fee.

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