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What is the end of fund-raising?
From the date when the fund shares are sold, the raising period is usually one to three months, and the longest is not more than three months. However, if the number of shares is reached in advance, the fundraising period of the fund can be ended in advance, and the fundraising beyond the quota cannot be confirmed.

The fund raising period is actually the fund issuance period. During this period, the fund company will sell the fund through direct sales, consignment agencies or banks, so that the fund sales share can reach the target. For investors, they can only subscribe for funds during the fund raising period. During the fund raising period, investors can't enjoy the investment income, but they will get some current interest income.

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Draft fund contract, draft fund custody agreement, draft prospectus and other documents are the application registration documents submitted by the fund manager to the China Securities Regulatory Commission for the establishment of the fund, which have not yet taken effect. Complexity or innovation

With regard to products, China Securities Regulatory Commission will, according to the characteristics and risks of funds, require fund managers to supplement the power of attorney submitted to stock exchanges and securities registration and settlement institutions, investor suitability arrangements, technical preparations and institutional arrangements for major business links.

Baidu Encyclopedia-Fund Raising Period