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What do you mean by purchase restriction?
It means that an account can only subscribe for a certain amount of funds, just like the subscription of new shares generally has a subscription ceiling.

Needless to say, the concept of fund dividend, every recent fund dividend, there will be a large influx of speculative investment, so that the original fund holders' dividend share will be diluted and reduced, in order to protect the interests of existing fund holders, the way of fund purchase restriction will be adopted to protect vested interests to a certain extent.

Extended data:

The process of investors buying fund shares during the raising period of open-end funds and before the establishment of funds is called subscription. Investors who subscribe for this fund shall fill in the subscription application form at the fund sales point and pay the subscription fee.

The registration authority shall go through the relevant formalities and confirm the subscription.

Open-end funds must publish the net asset value of the fund unit of the previous day on the second day of each open day. The fund management company will publish it on the information disclosure newspapers and websites designated by the China Securities Regulatory Commission within the prescribed time limit.

In addition, many fund companies will set up a 24-hour telephone or fax inquiry service system and provide inquiry service on the company's website so that investors can know their investment status in time.