The act of purchasing a fund after its establishment is called subscription;

Under normal circumstances, the rate of purchasing funds during the subscription period is relatively more favorable than that during the subscription period. Funds purchased during the subscription period can generally be redeemed after the closed period, and the purchased funds should be redeemed on the second working day after the successful subscription.

The difference between subscription and subscription is that:

Subscription is the purchase during the subscription period, and the rate is low. Generally, it costs 65,438+0.00% to subscribe for equity funds in banks, and the subscribed funds generally have a closed period, of which the closed period of equity funds is three months.

Subscription refers to the purchase of funds by investors after the subscription period, and the subscription fee is higher than the subscription fee. The subscription fee of stock funds in banks is generally 1.5%.

Subscribing for stock funds is risky, because you don't know the past performance and there is a closed period. It is generally not recommended to subscribe for stock funds, and choose stock funds with good subscription performance and strong stock selection ability. Although the cost is high, it is generally better to subscribe.

Money funds and short-term debt funds are free of charge for subscription and subscription, but in the open period and closed period, the fund income is very low and cannot be redeemed. It is better to subscribe for the old fund.

On-site trading refers to fund trading on the exchange. For open-end funds, only some funds can be traded on the exchange, and most of them are traded over the counter, that is, in banks, securities companies and fund companies.