A new fund refers to a fund that plays new shares with new shares as the investment target when new shares are issued. In other words, this fund can participate in new shares, and if it wins the lottery, the fund may rise. So do you need a subscription fee to play a new fund? Let's get to know each other.

Don't you need a subscription fee to play a new fund?

Whether the fund has subscription fee depends on the type of fund. Generally, funds with front-end fees have subscription fees. If the front-end fee is not marked, it will generally be marked as Class A, and Class A is also the front-end fee, while Class C funds generally do not need subscription fees. In addition, there are funds with back-end fees. The back-end fee does not need to be subscribed at the time of purchase, but will be charged according to the holding time and will be charged when the investor sells.

Investing in new funds is similar to investing in ordinary funds. You need to pay the subscription fee, management fee and redemption fee. You need to open a stock account before you can start a new fund. You can open the corresponding account through the official APP of the securities company.

Play with the new rules of fund trading:

Playing a new fund refers to the trading of new shares by the main force of the fund, which is simply a fund used to play new shares. The fund implements T+ 1 trading, and the purchase share is confirmed on the second trading day of the day.

Fund trading hours: Monday to Friday, 9: 30am-1:30am, afternoon13: 00pm-15: 00pm, and trading is not allowed on legal holidays.