What are the meanings of subscription, subscription, redemption and cancellation of wealth managemen

Subscription means the act of buying during the initial offering period. Subscription means to buy the issued and running **, ** is to accompany it. Redemption means to sell the ** in hand into cash.

Cancellation means that the unfilled order is withdrawn, and the purchase **, **, the order is not filled or accepted, and it can be withdrawn.

** Redemption is selling. Listed closed**, the selling method is the same as the general**. Open-ended ** is to apply for all or part of the ** held by you to sell to ** company for redemption price.

The redemption proceeds are the number of units sold** multiplied by the net value on the day of sale.

Subscription is the purchase before the establishment of the product, the subscription is the purchase after the establishment of the product, the redemption is the non-automatic expiration of the product after the expiration of the shares need to be redeemed by yourself, and the cancellation is the cancellation of the transaction operation after the subscription (in the transaction) before the confirmation date.

In my opinion, both subscription and subscription mean to buy it, and redemption means that you are ready to cash out, and you can redeem it. Canceling an order is to revoke your previous operations, such as not subscribing or redeeming. I hope you understand.

**Subscription is**company issuance**new**you subscribe**, but you may be able to buy or buy that much. Subscription is how many shares you have. To redeem is to sell. Cancellation is an inappropriate cancellation after the transaction.

The subscription is the purchase of the new **, and if there is a closed period after the purchase, it cannot be sold at this time.

Subscription and redemption are normal transactions.

Cancellation means that it can be withdrawn after the subscription, of course, it must be operated at 15 o'clock on the same day.

Bank wealth management products are generally purchased by appointment before the start of the wealth management cycle, and during the appointment period, if you don't want to buy it, you can cancel the order and cancel the purchase.

Cancellation is the cancellation of the redemption appointment, which is equivalent to no redemption.

Hello, subscription is the purchase behavior when the product is in the fundraising period and has not yet been established.

Cancellation is the withdrawal of unfilled orders, orders, and other contractual agreements. That is to say, during the normal trading period, investors can withdraw their application for same-day trading business before the end of the trading hours on the day of application.

Redemption refers to the act of the holder giving the shares held by the holder to the manager to get back the funds. Valid redemption applications submitted by holders before 15 p.m. on the trading days of the Shanghai Exchange and the Shenzhen Exchange (9 a.m. - 15 p.m.) will be confirmed on the basis of the net value calculated on the same day according to the principle of unknown price, and the application submitted on or after 15 o'clock will usually be confirmed by the net value calculated on the next open day.

Subscription is the purchase of a product when it is not yet established during the offering period. Subscription is a purchase that is in operation at the end of the fundraising. Redemption is the act of selling. Cancellation is an act of reversal after an order has been placed and has not yet been validated.

Wealth management products. Suspended subscription can be redeemed. Let's take ** as an example.

1. The redemption time of different ** is different, and when it can be redeemed after stopping the subscription, it should be determined according to the specific **product, if the purchase is closed**.

Wealth management products cannot be redeemed during the ** period.

2. It can only be redeemed during the non-survival period; If you purchased an open**.

Wealth management products, after the purchase of **, investors can redeem the purchased ** at any time according to the actual situation.

Additional Information: **Subscription and redemption are suspended.

1. **In the closed period.

In order to ensure that the scale is constant and avoid the impact of daily redemption, the subscription is suspended during the operation of the product, which belongs to the design of the product itself. Open-ended** will also have a closed period of suspension of subscription after successful fundraising.

2. Control the scale of growth.

Bigger is not always better, when the scale grows too fast and meets the investment expectations of a limited or manager.

When the management capacity is limited, in order to avoid the funds being idle and affecting the expected returns, the manager usually controls the scale by suspending the subscription.

3. Currency**.

Subscriptions will be suspended until holidays.

**Type**Land file.

The market is closed during the holidays, so in the period before the holidays, there will be a lot of idle funds pouring into the currency** early to get short-term expected returns. The influx of funds will dilute the expected returns of the holders of the original currency**, so many currencies** will suspend subscriptions before the holidays.

4. Significant changes in positions**.

For long-term suspended stocks involving major asset restructuring, once the restructuring is successful, there will generally be several consecutive daily limits after the resumption of trading.

There will be a lot of funds that want to arbitrage in the short term, in order to avoid the influx of large funds to dilute the interests of the original holders, ** companies will generally announce the suspension of subscription or restriction of large subscriptions.

Companies generally have strict establishment conditions and regulatory bodies, and assets are also held in custody by custodians such as banks, so they are relatively safe. When there is a suspension of subscription and redemption, you can first check the announcement of the ** to determine the reason for the suspension.

The act of purchasing during the initial offering period is called a subscription; The act of purchasing after the establishment of the purchase is called the subscription; In general, the rate of purchase during the subscription period** is relatively preferential compared to the purchase during the subscription period. The ** purchased during the subscription period can generally be redeemed after a closed period, and the ** purchased must be redeemed on the second working day after the successful subscription. The interest accrued during the subscription period is subject to the records of the registry and is automatically converted into the investor's share at the time of establishment, i.e., the interest income increases the investor's subscription share.

The subscription period is generally purchased according to the face value of 1 yuan, and the subscription rate is usually more preferential than the subscription rate. One of the differences between the subscription period and the subscription period is the interest. Interest refers to the interest to be calculated during the fundraising period, because the investor's money has not yet been established, and the investor's money has not been invested and operated after reaching the company's account, and the interest is converted into **share and credited to the **account.

After the establishment of the subscription, the subscription becomes an investment, and the risk should be borne by the investor, so the interest cannot be calculated. Legal basis: Article 66 of the **Investment Law of the People's Republic of China)?

The manager shall handle the subscription and redemption of **shares on every working day; **If the contract stipulates otherwise, such agreement shall prevail. The investor pays the subscription money, and the subscription is established; When the share registration agency confirms the shares, the subscription takes effect. **The redemption is established when the share holder submits a redemption application; **The redemption will take effect when the share registry confirms the redemption.

Article 87 of the Investment Law of the People's Republic of China provides that non-public offerings shall be raised from qualified investors, and the cumulative number of qualified investors shall not exceed 200. The term "qualified investor" as used in the preceding paragraph refers to units and individuals that have reached the prescribed asset scale or income level, and have the corresponding risk identification ability and risk-bearing capacity, and the subscription amount of their ** shares is not less than the prescribed limit. The specific criteria for qualified investors shall be prescribed by the ***** regulatory authority.

1.Subscription refers to the act of opening an account with a management company or a selected agency to purchase gold shares after it is established.

Features] 1. Generally refers to open**;

2. The starting point of the subscription amount is different, and you need to check the company announcement for details;

3. It must be within the specified time period.

The cost is determined by the company, generally around, not fixed, the company will generally give discounts to investors who buy a large number, the more you buy, the greater the discount.

For details, investors can check the company's contract and prospectus.

2.Redemption refers to the act of investors selling their shares and recovering their invested funds. Investors can choose to apply for redemption when the contract expires or when they feel that the return has reached the desired return.

Generally speaking, it can be received within 4 working days, and some ** companies stipulate that the remaining shares of the investor** account after redemption shall not be less than 1,000 shares.

Conditions] The conditions for open-ended and closed-ended redemptions are different:

Open** can be redeemed and subscribed normally after the end of the closed period;

Due to the perennial retreat, you can only apply for subscription or redemption when the contract expires or when it transforms into an open-ended one.

Fees] Redemption fee = redemption amount x redemption rate.

The redemption rate is generally around and related to the holding time, the longer the time, the lower the rate; Investors who choose the back-end fee may also need to make up the unpaid subscription fee when paying the redemption fee.

Subscription is a fairly ** operation carried out after the 3-month closure period of the new ** issuance, and the redemption is equivalent to the ** selling operation!

Subscription, now take ** as an example: **The act of buying during the initial offering period ** is called subscription, or it is related to fashionable people.

Subscription refers to the act of investors applying for the purchase of ** shares during the period of existence after the establishment of ** and during the period when the subscription is open. After the end of the lock-up period, if you apply for the purchase of open-ended, it is customary to call it a subscription to distinguish the subscription during the issuance period. ** of the subscription, is to buy.

Listed closed**, the buying method is the same as the general**. Open** is the amount you want to subscribe for, divided by the net value of the day of purchase**, to get the number of units to buy.

Redemption, the applicant will sell the ** units held in his hand according to the announced ** and recover the cash, which is customarily called **redemption.