How to choose a new fund?
Innovation fund is not a certain kind of fund such as index fund and hybrid fund, but a fund that gains income through innovation. Generally speaking, there are three methods of innovation: online innovation, offline innovation and placement. For individuals, they can only participate in online innovation, and the winning rate is low, while the winning rate of institutions is extremely high, so they can get more benefits. Popular fund-raising funds fall into two categories. One is the fund that pursues absolute returns, and the scale is generally between 600 million and 800 million. Increase fixed income and maintain the minimum bottom position requirements. Other funds are mainly used to buy bonds, with small fluctuations and stable income, which is more suitable for traditional investors. The other is the pursuit of innovation and improvement, high stock position and high risk, which is suitable for investors who pursue high returns and strong anti-risk ability.
Four steps to start a new fund
1. subscription: after a stock is issued in the SSE, investors can subscribe through the entrustment system, and the funds participating in the subscription will generally be frozen;
2. Matching number: SSE will issue shares according to the total subscription amount on the second day of the subscription date. When the total subscription amount exceeds the circulation amount, the winning number is confirmed by lottery;
3. Draw lots: the winning rate will be announced on the third day of the application date, and the lead underwriter will organize the draw, and the draw results will be announced on the fourth day;
4. Unfreeze funds: unfreeze the subscription money that has not won the prize.