The formula for calculating the subscription rate, what is the subscription rate?

Updated on Financial 2024-02-26
10 answers
  1. Anonymous users2024-02-06

    Subscription fee = subscription amount Applicable subscription fee rate (1).

    Net subscription amount = subscription amount - subscription fee (2).

    Number of subscribed shares = net subscription amount Net value of **shares on the day of subscription (3).

    This calculation method is common in overseas markets such as the United States. The advantage of this method is that it is relatively simple to calculate when the "unknown valence method" is adopted; In addition, since the decreasing rate is generally adopted according to the increase of the subscription amount, the unfairness of the net subscription amount may lead to the actual payment of investors who buy less than the investors who buy more.

    Applying this calculation would result in the rate applied on the net subscription amount being slightly higher than the published rate. Investors who want to know the applicable rate based on the net subscription amount only need to make a small conversion:

    The rate applicable to the net subscription amount = the rate applicable to the subscription amount (1 - the rate applicable to the subscription amount) In fact, the above algorithm is extremely unreasonable.

    If equation (2) is substituted into equation (1), we get:

    Subscription fee = (net subscription amount + subscription fee) x applicable subscription fee.

    Net Subscription Amount x Applicable Subscription Rate + Subscription Fee x Applicable Subscription Rate (4).

    It can be seen from equation (4) that the subscription fee consists of two parts, the first is the subscription fee calculated based on the net subscription amount, which is the sum that the investor should pay.

    management fees; The second item is actually a fee that is charged repeatedly for the subscription fee and the subscription amount, which is an additional fee that investors should not pay, and is therefore an unreasonable fee. After years of struggle, the CSRC decided to change formula (1) to :

    Subscription fee = net subscription amount x applicable subscription rate (5).

    That is, the second unreasonable fee in formula (4) is deleted, and only the subscription fee is charged according to the first item. This is a reasonable way to charge the subscription fee.

    Substituting Eq. (5) into Eq. (2) yields:

    Net subscription amount = subscription amount – net subscription amount x applicable subscription rate.

    Net Subscription Amount = Subscription Amount (1 + applicable subscription rate) (6).

    Move the net subscription amount in equation (6) to the left of the formula, and we get:

    Applicable Subscription Rate = Subscription Amount Net Subscription Amount - 1 (7).

    As can be seen from (7), the applicable subscription rate of 1+ is the ratio of the subscription amount to the net subscription amount.

    However, this is the "ratio", and the "rate" of the subscription rate has not yet been expressed. Therefore, if the numerator and denominator of equation (7) are multiplied by 100, expressed as a percentage, then equation (7) becomes:

    1 + applicable subscription fee rate = subscription amount 100% of net subscription amount 8).

    As can be seen from equation (8), the subscription rate is the ratio of the subscription amount to the net subscription amount minus 1.

  2. Anonymous users2024-02-05

    **The subscription fee is calculated as follows:

    1. Front-end subscription fee = subscription amount (1 corresponding subscription rate) corresponding subscription rate;

    2. Back-end subscription fee = subscription amount and corresponding subscription rate.

    2. The product is issued and managed by the company, and Ping An Bank is only a distribution agency, and the agency does not assume the responsibility for the investment, redemption and risk management of the product. Investment is risky, and you need to be cautious when entering the market.

  3. Anonymous users2024-02-04

    The concept subscription rate is the ratio at which investors need to pay fees when they buy shares after the establishment of the company.

    Rate size. **The subscription fee rate varies slightly depending on the size of the investor's subscription amount. However, the state has regulations on the range of subscription rates for different types.

    Generally speaking, the subscription rate of ** type ** does not exceed, the subscription rate of bond type ** is usually less than 1%, and the subscription rate of currency type ** is 0.

  4. Anonymous users2024-02-03

    The subscription rate refers to the handling fee rate that needs to be paid for the purchase**. For example, according to the subscription fee stipulated in the contract of a product, a subscription fee of 150 yuan is required to purchase 10,000 yuan of the product.

    According to the announcement of Wealth Management Connect, from now on, the subscription rate of Wealth Management Connect - **Special Zone** products will be reduced to one discount (except for individual**).

    According to the purchase fee stipulated in the contract of a product, the purchase of 10,000 yuan of the product originally required a subscription fee of 150 yuan, but now it only costs 15 yuan, saving 135 yuan. According to the reporter's previous experience, it is true that on the wealth management platform, there is a situation where the subscription fee is higher than that of other platforms.

    For example, for the same partial stock**, the subscription rate is, after a four-fold discount, there are also there, but if it is on platforms such as Ant Fortune and Tiantian**, you can buy it at a discounted rate. As a result, most investors will not choose to buy on WMC in the end**.

  5. Anonymous users2024-02-02

    The subscription fee rate is the ratio of the subscription fee that investors need to pay when purchasing ** shares after the establishment of **.

    The subscription amount of open-ended** actually includes two parts: subscription fee and net subscription amount. The subscription fee can be calculated as a percentage of the subscription amount or the net subscription amount. In China, the general practice is to calculate the subscription fee based on the total subscription price (including fees) multiplied by the applicable rate, and deduct it from the subscription price.

  6. Anonymous users2024-02-01

    **The subscription fee is calculated as follows:

    1. Front-end subscription fee = subscription amount (1 corresponding subscription rate) corresponding subscription rate;

    2. Back-end subscription fee = subscription amount and corresponding subscription rate.

    2. The product is issued by the management of Ping An Bank only, and the agency does not assume the responsibility for the investment, redemption and risk management of the product. Investment is risky, and you need to be cautious when entering the market.

  7. Anonymous users2024-01-31

    The subscription rate refers to the ratio of the subscription fee that investors need to pay when purchasing ** shares after the establishment of **.

    The subscription rate is stipulated by the ** company when formulating the product, and under normal circumstances, the ** share purchased is different, and the expenses are different, so the different ** subscription rates are different.

  8. Anonymous users2024-01-30

    The subscription rate is a subscription fee that investors need to pay when they buy **. This subscription rate is stipulated by the company when formulating the product, the larger the general subscription amount, the less the subscription fee, you can check the detailed charges in the product introduction.

    In addition, although the subscription rate is stipulated in the product introduction, because the company will cooperate with the sales agency, the subscription rate of the sales agency is often discounted.

  9. Anonymous users2024-01-29

    The subscription rate refers to the fee paid by the user at the time of subscribing to the base, and the purchase base share is different, and the fee is different.

    Even different bases have different subscription rates.

    The subscription amount of the open-end base actually includes the subscription fee and the net subscription amount.

    Two parts. The subscription fee can be calculated according to the subscription amount or the fixed amount of the slim net subscription amount.

    The subscription rate will affect the cost of the investment base, and if there is too much, then the investment cost will increase. In the cast.

    It is necessary to have basic knowledge when the capital is based, after all, different basic investments are exposed to different risks, and they are usually risky.

    Base earnings also.

    The method of regular investment can be used when investing, but it is best to choose the fluctuation range of the net value of the base investment, and choose it at the same time.

    The basis of the nature, such a base can have a relatively large space after buying. It should be noted that the base investment.

    It is also possible to lose money, which is also the reason why regular investment makes spare money.

    There are different types of base investment, and the common types of bases are currency base, bond base, mixed base, and index base.

    ** Basis, when investing in the base, it is best to choose a base company with a base scale, and such a base company will be launched.

    The base will usually be configured with a real base manager.

  10. Anonymous users2024-01-28

    The main differences are: ** A subscription fee needs to be paid when purchasing during the fundraising period; If you buy after the closed period, you need to spend a subscription fee. If it is open**, there is no closed period, which is related to the period and type of purchase.

    Subscription fee refers to the handling fee paid by investors when purchasing ** units during the issuance period. The subscription fee refers to the handling fee paid by the investor when the subscription is open and the share is purchased from the manager during the existence of the **.

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