 |
March 26, the core values of investment funds in accordance with This is the second letter on Thursday HSBC Dynamic Strategy Fund has been promoted on the market second only to press the
News that regulators have a clear future, the new fund size of advance registration must be issued, if the first registration of the scale than the scale of purchase according to the proportion of According to this new mechanism Nike air jordan, as long as investors rushed to the sale before the end of the specified network, do not worry no funds to subscribe for shares, so that many investors are delighted.
New funds to implement the
Since the Spring Festival, the new fund issue once the climax, the first three weeks the market were issued to build the optimal allocation of funds letter, letter of Australia Silver-leading growth stock funds ugg sale, the Great Wall Hisatomi Core Growth Fund, Huitianfu Growth Focus fund, energy strategy fund in the sea tory burch shoes, Hua Fucheng long trend of equity funds, Franklin funds, the National Sea seven potential combination of open-end funds, more than 600 billion yuan of funds was raised.
However, due to release new funds to implement the quota issue, also appeared on the market within hours of release funds run out, many investors still buy early morning line up funds situation.
This end, the Commission has decided to open-end fund distribution model from the two days, the new fund issue will no longer flash the end of the scene staged. March 22, the Bank and the designated broker network Jin letter issued by the Dynamic Strategy Fund, HSBC became the first start of the
According to market insiders, according to new rules, fund raising during the normal subscription sales on the day does not stop, but as the day after the subscription application found close to or exceed the total subscription proceeds cap fund managers will be announced in the media the next day, after the end of the day to stop selling subscription. If the subscription period to raise funds to apply all the confirmed total share of not more than 100 billion yuan (including 100 million), all valid applications for all of them to confirm subscription. If the subscription period to raise funds to apply all the confirmed total share of over 10 billion yuan, the effective period of the subscription raised the proportion of applications for the use of the principle of give some recognition to confirm, not confirm part of the subscription money refunded within seven days after establishment of the Fund, Interest will be converted into fund shares.
If formula is: Placing ratio = 10 billion ÷ total amount of effective subscription application; investors to subscribe for the share = the specific application of the investor to subscribe for the Placing amount × proportional + period have raised interest.
This means that people do not have to buy the fund line up early dawn to dusk, do not worry because the distribution channels of the unequal distribution between the thick lines are thin. As long as people rushed to the sale before the end of the specified locations, all of its subscription requests will be included in the total disk subscription application. Especially when the fund is selling, investors ultimately effective subscription ratio may be low.
Buy fund shares hit follow
the new fund issue in proportion to the implementation of the program from placing an introduction to by the parties concerned Timberland sale, it is learned that this model is similar to the placing of new shares of the new mechanism will likely become the future mainstream of the new fund issue. Moreover, because the principle and the stock
But in fact, the proportion of the placing of new shares and play in the success rate is different in nature, which, after all, there is the possibility of failure of full subscription of new shares Mont blanc pens, while the former size in the control context, the proportion of funds will not be placed too low, there is only subscribed share of the applicant uncertainty.
Investment Fund official has said in an interview, which is similar to the stock distribution methods, is relatively easy for investors to understand and accept; the same time With this offering ways to help meet more investors for the funds to purchase such a demand for financial products, investors can make more funds into the stock market, and thus share the results of China's economic growth. In addition, there are many people in the industry believe that this mode of distribution in proportion to the Placing will attract more outside capital into the market through open-end fund.
However, although the proportion of affirmation in the new fund issue is the first time used, but the term catch the relationship with the fund is not the first time. In January, Bank of Communications Schroder Fund split selected, you confirm using the ratio method. At that time the funds were split 10 billion limit, the bulletin said: If more than 10 billion copies, then suspended the previous day's purchase purchase application, using the principle recognized in proportion to give some recognition, unrecognized part of the purchase money refunded to the investors.
This funds have been well over 100 million copies ceiling. These funds in accordance with a notice is not proportional to confirm the range. So a formal split in the day, the Fund does not purchase the company had just split, resulting in proportion to confirm there is no opportunity to display their skill.
strategy and core values of investment funds and other new development funds, many of the recent split in the proportion of funds are also often used to confirm.
So before the split of the investment quality growth fund ? 0 million copies is limited, strictly in accordance with recognized principles of proportion; just got approved documents of the Warburg split Industrial Po Hong consumer funds, but also in the March 26 implementation of the split. Similarly, the fund of 100 million copies of the limits, but also said it would implement proportional to confirm the placement.
Understand that recently too many new funds will also be used to raise this ratio to confirm the way.
In addition, the reporter also learned that the investment of new funds to subscribe for the subscription rates will be effective amount of the tranche, investors in one day if more pen to subscribe for rates were calculated by single. It is worth noting that if the subscription of this fund raising fund raising total amount greater than the size limit will be taken to confirm the subscription by way of placing the proportion, leading to an effective amount less than the subscription amount to subscribe, subscription fees may appear high the subscription amount in the case of the corresponding rates.
Same time, the proportion will increase recognition of the way the uncertainty of retail investors. For example, when investors in the subscription invested ten thousand yuan to subscribe for one million copies, but may only be raised after the end of 8000 were recognized Mbt chapa, not recognized by the Fund's investment funds will be refunded.
