Because it needs to be used for marketing, sales, registration, registration and other expenses incurred during the fund raising period.

The subscription fee is a one-time fee that investors need to pay when subscribing for a fund during the fund raising period. The subscription fee is mainly used for marketing, sales, registration, registration and other expenses incurred during the fund raising period. The specific rate of subscription fee varies depending on the type of fund. It is usually 1%-3% of the amount of capital promised by the investor and is charged outside the price. For example, if an investor purchases a private equity fund worth 1 million yuan, the subscription fee is 1%. Investors need to remit 1.01 million yuan to their bank account. There are also some funds that do not charge subscription fees.