Once you choose an investment fund, you can apply for opening an account at a bank outlet, the business department of a securities company or the direct sales center of a fund management company, including a fund account and a fund account. Specific subscription procedures will be detailed in the prospectus.
You need to fill in the application form when you buy. At this time, what you need to decide is the investment amount, not how many fund units to buy. The domestic subscription of open-end funds adopts the unknown price method, that is, the transaction price of the fund unit depends on the net asset value of the fund unit on the day of subscription (it can only be calculated after the market closes on the same day and announced on the next trading day). Among them, subscription share = (subscription amount-subscription fee) ÷ net value of fund unit on subscription date, and subscription fee = subscription amount × subscription rate.
For example, if you invest 5,000 yuan to buy a fund, the subscription rate is 1%, and the net value of the fund share on the day of subscription is 1.06 yuan. Then, the subscription fee = 5000× 1.0% = 50 yuan, and the subscription share = (5000-50) ÷1.06 = 4669.81share.
When filling out the application form, there are still a series of options to be determined, several of which are crucial. For example, whether to use one-time investment or regular investment, whether to choose cash dividend or dividend reinvestment. If you choose to reinvest in dividends, your fund share will increase after each dividend. It is worth noting that the calculation data of the total return of funds are often based on the assumption that investors choose dividends to reinvest.
One-time investment and fixed-term investment are better or worse, and we can't generalize. Compared with the former, which invests a lot of money at one time, the latter draws a small amount of fixed funds from your fund account for subscription on a regular basis (for example, every month), so the latter is more attractive to investors who prefer the flowing style.
However, some funds take preferential rates for large one-time subscriptions, and then they can enjoy the benefits of low cost by one-time investment.
No matter which way you take, you should keep the confirmation certificate of purchase, so that you can have a record of your investment. Generally speaking, the subscription application is valid only after filling in the subscription application form and paying the subscription fee. You can call the customer service center of the fund management company on the subscription day (T day) to confirm whether to accept the application, but the transaction result (whether to buy the fund unit and how many shares to buy) will not be confirmed until T+2 day. Investors should remember to get the confirmation certificate and keep it intact. Most fund management companies send statements to investors quarterly or monthly.
Another thing to note is the minimum amount required for the initial subscription of the fund. At present, different funds have different minimum requirements for the initial subscription of each account; But the minimum amount of each account required by the same fund sales outlets and direct sales outlets is also different. For example, the agency outlet is 5000 yuan, while the direct outlet may be 654.38+ 10,000 yuan. If you are just an ordinary individual investor and the investment amount is not large, it is a better choice to open an account at a consignment outlet.