Fund Subscription-What is a fund subscription?
Fund subscription refers to the investors to the fund management companies or selected organizations to create the fund consignment fund accounts, in accordance with the procedure laid down for purchase of fund units. Purchase of fund units is based on the number of purchase-day net asset value of fund units calculated on the basis of the specific method of calculating the relevant provisions must comply with regulatory requirements and set forth in the Fund's offering documents. Subscription and purchase rates may be different. Fund companies often set different grades of subscription and purchase rates that, according to the number of investors to buy the amount of the rates applicable to different levels. In the same purchase amount, the subscription rates and subscription rates may be different, the circumstances need to check the funds rate note.
Fund subscription - Skills Provisional close Shen Redemption Fund "Unknown price" to fund purchase and redemption transactions, the basic rules of the Fund, although this rule will give fund investors some time to bring psychological pressure, but this rule can not be changed, investors should learn to take advantage of this rule. March 7, 2008 issued in the morning a lot of investors a fund redemption applications, the results of the Shanghai Composite Index plunged 2.25%, net value of fund units also fell sharply after the Spring Festival hard-won gains accumulated all gone.
Fund financial experts suggest that, when encountered in large-scale investors to purchase, and redemption of funds, preferably in the afternoon, from 2 am to 3 points of time deciding whether to purchase, and redemption, so you can estimate the net value of fund units .
In fact, through the electronic trading of fund investors to more easily make mistakes, in each trading day at 3 pm after the fund issued by applications for entering, in fact, the next afternoon to the closing price calculated according to the amount of purchase, the same three in the afternoon after the redemption of fund back to the application is based on the following day's closing price of such electronic transactions, investors face the risk is relatively large. Therefore, a larger amount of funds electronic transactions, are equally choose to 2:00 pm each trading day to the three most appropriate.
Many institutional investors when making fund purchase and redemption, usually in the afternoon of each trading day and fund the company's marketers continue to communicate with an estimated net value of a good day's closing fund, issued by the fund in the stock market closed before the purchase or redemption application, the fund of funds generally purchase the stock market will hit after the close of the designated fund accounts.
