Is there any interest during the new fund raising period?
The new fund raising period also bears interest, which is generally calculated according to the current bank interest rate or interbank lending rate for the same period. After all, the raising period of new funds is relatively long, ranging from 1 month to 3 months. Secondly, for users with relatively high purchase amount, there is no income during the fundraising period, and there is a loss of funds to stand guard. Calculating the income of the new fund raising period can avoid the loss caused by investors' funds standing guard.
Generally, the interest during the period of raising new funds will eventually be directly included in the investor's share of funds. The net interest income during the fund raising period will be reflected in the follow-up report after the fund is issued. At the same time, the report will also explain the funds raised by the fund.
In addition, if the new fund raising fails, there will be interest during the raising period. According to the regulations, if the fund fails to be established, the fund company will return the subscribed funds to investors, and at the same time, it will return the funds to investors at a certain interest rate according to the number of days it occupies the funds.
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