After the fund is closed, if you apply to buy an open-end fund, it is customarily called fund subscription to distinguish it from subscription during the issuance period. The subscription of the fund is to buy. Listed closed-end funds are bought in the same way as ordinary stocks. Open-end fund is the number you want to buy, divided by the net value of the fund on the day of purchase, to get the number of units to buy.

If you apply to sell your fund shares at the published price and get back the cash, it is customarily called fund redemption.

Redemption of the fund is selling. Listed closed-end funds are sold in the same way as ordinary stocks. Open-end fund is the price for applying to sell all or part of your fund to a fund company to redeem you. The redemption amount is the number of units selling the fund multiplied by the net value on the selling day.

The subscription fee is still 1.5% without discount.

It is not favorable to buy funds through online banking on CCB website. If you want to buy funds through the fund company's website and then pay with CCB's online banking, the rate will be favorable.