At present, you can subscribe for reits funds in fund institutions, such as Tian Tian Fund, Alipay, WeChat, JD Finance, Love Fund, Bank, etc. You can also purchase reits funds on the brokerage platform. After opening, you can find the trading authority of convenient funds in the stock account business and follow the process. After the opening, you can wait for the sale. When selling, investors can subscribe directly in the stock account.
1. Internationally, real estate investment trusts (REITs for short) are a kind of trust funds that collect the funds of a specific majority of investors by issuing income certificates, and are managed by specialized investment institutions to distribute the comprehensive investment income to investors in proportion. Different from domestic pure private trust products, REITs in the international sense are equivalent to funds in nature, and a few are private placements, but most of them are public offerings. REITs can operate in a closed mode or be listed and traded, similar to open-end funds and closed-end funds in China.
2. In terms of organizational form, real estate investment trusts in China are all contractual, that is, trust investment companies initiate trust plans, and then investors sign trust contracts with trust companies, and each contract has a minimum subscription amount (according to regulations, the minimum subscription amount is 50,000 yuan). From the organizational form, the company type has some defects, such as asymmetric information between fund managers and shareholders, difficulty in protecting shareholders' rights and interests, and double tax burden (corporate income tax and individual income tax on shareholders' dividends). Because of the separation of ownership and income right, the contractual trust property is relatively independent, and the capital income can be protected by law. In addition, the contractual type only needs to pay taxes once, which can improve the fund's income. As a mature REITs market, the United States is mainly corporate. Considering that the initial development of REITs in China should focus on stability and reduce the possibility of risks, China should adopt the contractual model in the early stage. Although it is not conducive to the expansion of the fund, it can ensure the relative stability of the fund and will not dissolve or weaken the fund because of the withdrawal of investors.