Subscription of Jiuding digital Monetary Fund

1.

The main concept stocks of digital currency include Hailian Jinhui, Julong, Huijin, radio and television express, digital certification, Kunlun wanwei, gaoweida, Huali chuangtong and high beam software

from the perspective of financial institutions' layout of digital currency concept stocks, according to the No.1 Institute of finance, among the relevant stocks that have disclosed the annual report of 2019, as of the end of the fourth quarter of last year, five stocks were heavily held by institutions such as insurance capital, securities companies and funds, with a total market value of 24.3 billion yuan

in terms of research on financial institutions, No.1 Institute of Finance found that six digital currency concept stocks, namely, radio and television express, digital certification, Kunlun wanwei, gaoweida, Huali chuangtong and Gaoguang software, have been intensively researched by institutions this year, with a total of 163 times of research

an equity investor of an insurance company told the No.1 Institute of finance that at present, the insurance capital still pays attention to the large cap stocks with "low wave dividend" (stocks with high dividend and low performance fluctuation), and still holds a wait-and-see attitude towards popular concept stocks such as digital currency, but does not rule out the subsequent purchase

extended data

digital currency can be considered as a virtual currency based on node network and digital encryption algorithm. The core characteristics of digital currency are mainly reflected in three aspects: because it comes from some open algorithms, digital currency has no issuing subject, so no one or institution can control its issuing

because the number of algorithm solutions is determined, the total amount of digital currency is fixed, which fundamentally eliminates the possibility of inflation caused by excessive virtual currency; Because the transaction process needs the approval of each node in the network, the transaction process of digital currency is safe enough

The emergence of bitcoin poses a great challenge to the existing monetary system. Although it belongs to the generalized virtual currency, it is essentially different from the virtual currency issued by network enterprises, so it is called digital currency

this paper compares digital currency with electronic currency and virtual currency from the aspects of issuing subject, scope of application, issuing quantity, storage form, circulation mode, credit guarantee, transaction cost and transaction security

2. What we need to prepare: registered currency issuing entity - setting up local directors of issuing entity stipulated by the government - lawyers confirming the nature of digital currency - compliance review and amendment, issuing white paper - legal documents related to fund raising, combining with practical analysis - successful approval, digital currency can be issued - handling bank account opening
thank you!

3. The starting point for subscription and subscription of any fund is more than 1000 yuan. Only fixed investment can be 100 yuan, 200 yuan, 500 yuan or more

it is recommended that you apply for fixed investment monetary fund, which is generally more than 200 yuan;

4. The purchase of a fund ring the initial offering period is called subscription
the purchase of a fund after its establishment is called subscription
generally speaking, the rate of fund purchase in the subscription period is more favorable than that in the subscription period. The fund purchased in the subscription period can be redeemed only after the closing period, and the fund purchased should be redeemed on the second working day after the successful purchase
the difference between subscription and subscription is as follows:
subscription is purchased ring the subscription period of issuance, with low rate. Generally, 1.00% of the fee is paid for the subscription of stock funds in banks. Generally, the subscription funds have a closed period, in which the closed period of stock funds is three months
subscription refers to that after the subscription period of fund issuance, investors purchase for subscription, and the subscription fee is higher than the subscription fee. The subscription fee of stock fund in the bank is generally 1.5%
e to the ignorance of the past performance and the closed period of the subscription fund, the subscription fund is still risky. Generally speaking, it is not recommended to subscribe for the stock fund, but to choose the stock fund with better performance and strong stock selection ability. Although the cost is high, it is generally better to subscribe
for monetary funds and short-term debt funds, there is no charge for subscription and subscription, but ring the open and closed periods, the fund returns are very low and can not be redeemed, so it is better to subscribe to old funds
floor trading refers to fund trading within the exchange. For open-end funds, only some funds can be traded within the exchange, while most funds are traded over the counter, i.e. in banks, securities companies and fund companies.

5. Generally speaking, there is no handling charge for the subscription, purchase and redemption of monetary funds, that is, the rate is 0, the subscription rate of stock funds is generally between 1% and 1.5%, and the subscription fee of indivial popular funds reaches 2%, while the subscription rate is usually 0.5% more than the subscription period, and the redemption rate is different for each fund, which depends on the provisions of the fund issuance. The redemption time to the account is generally 2-3 working days for monetary funds and 7 working days for stock funds.

6. 1、 Through the member units with corresponding business qualifications in Shenzhen Stock Exchange, the way of subscription for the fund units of the fund through the exchange trading system is the on-the-spot subscription
Second, OTC subscription is not through the trading system of Shenzhen Stock Exchange, but through its own counter or other trading systems to handle fund share subscription, that is, through fund companies, banks and securities companies to subscribe, registered in the open-end fund registration and settlement system
fund subscription refers to the process in which investors purchase fund shares ring the raising period of an open-end fund and before the fund is established. Generally, the subscription price is the face value of the fund unit (1 yuan / share) plus certain sales expenses. Investors who subscribe for the fund shall fill in the subscription application form at the fund sales point and pay the subscription amount.

7. In the secondary market, there is no subscription fee for trading funds (LOF, ETF, closed-end funds)
money market funds, C-class bond funds and open-end funds with back-end charges are free of subscription fees.

8. The purchase of a fund ring the initial offering period is called subscription
the purchase of a fund after its establishment is called subscription
generally speaking, the rate of fund purchase in the subscription period is more favorable than that in the subscription period. Generally, the funds purchased in the subscription period can be redeemed only after the closed period, and the ordinary open-end funds purchased can be redeemed on the second trading day after the successful purchase.