1. The minimum subscription amount of a stock fund joining ICBC is 1000, and I will invest in 200 yuan every month. At least five months? Only when the amount reaches 1000 can I convert the fund into cash.

Your understanding is wrong.

2. Can the fund be converted into cash after the amount reaches 1000?

Redemption, subscription and fixed fund investment are the same. As long as it is a trading day, as long as the redemption has not expired, it can be redeemed.

3. What does the first minimum purchase mean?

There are some differences between subscription and fixed investment. Generally speaking, subscription means buying a fund today and collecting it today. If it is a fixed investment, you can't deduct the money until next month after the opening. So if you buy, you can buy at least 1000 yuan at a time, and if you make a fixed investment, you can buy at least 200 yuan at a time.

For example, if the net value of a fund in 10 is 65438+ 15, it will be 1 yuan. If you buy on June 5438+1 October 65438+May 5, then the price you get is1yuan. And if you open a fixed investment on 1. 15, then his first transaction takes place in February, so the fund on February X may be 1. 1 yuan, or it may be 0.9 yuan.

Therefore, purchase is the choice to seize market opportunities, while fixed investment is the choice to share risks.