The act of buying funds at the initial stage of fund raising is called subscription; The act of purchasing a fund after its establishment is called Shen.

Purchase; Under normal circumstances, the rate of purchasing funds during the subscription period is relatively more favorable than that during the subscription period. Purchase during the subscription period

General funds can only be redeemed after the closed period, and the purchased funds should be redeemed on the second working day after the successful subscription.

Come back. The interest generated during the subscription period shall be subject to the records of the registration center and automatically converted into investment when the fund is established.

Investors' fund share, that is, interest income, increases investors' subscription share. The subscription period is generally based on the face value of the fund.

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Yuan dynasty (1206- 1368)

Money to buy a fund, the subscription rate is usually more favorable than the subscription rate. One of the differences between subscription period and subscription period is interest.

Interest refers to the fund raising period, because the fund has not been established, and the investor's money will be gone after it reaches the fund company's account.

If the investment is operated, the interest shall be calculated, and the interest shall be converted into fund shares and included in the fund account. After the establishment of the fund,

The purchased fund becomes an investment, and the risk is borne by the investor, so the interest cannot be calculated.