At present, like stock market subscription, fund subscription also needs a subscription date. There are the concepts of T+0, T+ 1 and T+2. T is the abbreviation of today, and today's time division is different from the calendar in our life. In fact, it can be simply understood that yesterday's 15:00 to today's 15:00 is a T-day in the fund. T+ 1 day means to add a working day on the basis of T day, and T+2 day and so on.
But remember, Saturday, Sunday and legal holidays are not working days. According to the relevant fund trading rules, the trading application submitted after normal trading hours (i.e. after 3 pm) on each trading day will be postponed to the next working day, so the trading confirmation time will also be postponed by one working day. Therefore, if investors want to trade on the same day, they should make sure to submit a trading application before the end of trading hours on the same day. At the same time, in order to avoid the possibility that the trading application of the same day will be postponed to the next working day due to network or communication delay, investors are advised to avoid submitting trading applications between 14: 50 and 15: 00.
Through the understanding of the above basic knowledge, I believe that everyone has a certain understanding of what is fund subscription. Specifically, subscription requires the following steps:
(1) An investor can only open and use one fund account, and can only correspond to one stock account or fund account. It is not allowed to open and use one or more fund accounts corresponding to multiple stock accounts or fund accounts for subscription.
(2) Shanghai investors (using Shanghai stock account or fund account) must complete the transaction procedures specified by Shanghai Stock Exchange before subscription.
(3) Investors who have opened stock accounts are not allowed to open fund accounts, otherwise it will cause inconvenience or loss to their subscription and trading.
(4) After the investor completes the subscription entrustment, it is not allowed to withdraw the order.
Fund subscription refers to the process of investors buying fund shares during the period of raising open-end funds and before the establishment of funds. When investors subscribe for funds, they should fill in relevant information at the fund sales point and deliver the subscription funds. Fund subscription methods are mainly divided into offline cash subscription, online cash subscription, offline combined subscription and online combined subscription.
The ways of fund subscription are:
1. Subscribe at the direct sales point of Xinfa Fund Company;
2. Some newly developed funds can be subscribed on the website of the fund company;
3. The capital account of a qualified bank can be subscribed directly at the bank counter;
4. If there is a fund account of a securities company with new fund consignment qualification, investors in the fund account of the company can directly transfer the funds into the fund account and subscribe on the trading software of the securities company.
The difference between fund subscription and subscription lies in:
(1) purchase time. The subscription time of fund subscription is usually before the establishment of open-end fund and during the fund raising period; The subscription time of fund subscription is opposite to that of fund subscription. After the establishment of open-end fund, during the fund operation.
(2) The purchase price is different. The subscription price of fund subscription and fund subscription is different. The subscription price of the fund subscription is the unit price of the fund, which is generally 1 yuan/share; Different from the subscription price of fund subscription, the subscription price of fund subscription is the net value of fund unit on that day, which may be higher than 1 yuan or lower than 1 yuan.
(3) The redemption conditions are different. In terms of redemption conditions, there are also great differences between fund subscription and fund subscription. Under normal circumstances, subscribed funds can only be redeemed after a closed period, and fund managers will use this closed period to open positions, and investors are not allowed to buy or sell; The purchased fund can be redeemed on the second working day.
(4) Rates may be different. It should be noted that fund subscription and fund subscription usually have different grades of rates. Even if the subscription amount is the same, the subscription rate and subscription rate may be different. You need to check the fund rate for details.