What is the difference between on-site fund subscription and subscription?
1, trading time is different.
On-site fund subscription is generally after the establishment of the fund, and on-site fund subscription is generally during the fund raising period. The interest generated during the fund subscription period will be automatically converted into the investor's fund share after the establishment of the fund, that is, interest income will increase the investor's fund share.
2. The handling fee is different
The subscription fee of on-site funds is generally lower than the subscription fee, because during the subscription period of on-site funds, listed companies will discount the subscription fee to attract investors in order to raise funds as soon as possible.
3. The redemption time is different
In general, the on-site fund subscription can be redeemed by investors before the next trading day. On-site fund subscription needs to wait until the end of the fund closure period before redemption.
4. Different prices
When an on-site fund subscribes for a fund, its net value is generally 1 yuan, but when it subscribes for a fund, its price is not necessarily 1 yuan.
How to calculate the subscription fee of the on-site fund?
The subscription fee for the on-site fund is the handling fee charged when purchasing the fund. The standards charged by securities companies are different, generally not exceeding three thousandths of the transaction amount. The lowest price for a single transaction is 5 yuan, and those less than 5 yuan will be charged by 5 yuan, and so will the selling fee. In addition, the on-site fund will also charge a certain operating fee, and generally will not charge investors separately. It is accrued in the fund assets every day, paid monthly, and deducted directly.
What investors need to be reminded here is that the on-site fund is a fund traded on the stock exchange and needs to open a securities account before trading.