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LTCM
joined discussion · Oct 8, 2021 08:36
guys, what happens if you click subscribe? does it mean u get updates on the funds performance ?
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70087910 : does it mean you buy the fund?
LTCM OP 70087910 : I think u will end up putting a fixed amount of money every month into it...hence subscription? not sure...hope some seniors can advise!
LowRong : When you subscribe, mean u authorise the fund manager of the fund to buy a portion of the fund for you. Depending on the market you can make profit or loss. You can also redeem the shares back to cash to buy other stocks. Hope this is clear.
LTCM OP LowRong : Ahh I see, thanks alot LowRong! So it means there is no lock in period?
LowRong : https://risk.futusg.com/transaction-rule?url=202010599&skintype=3&clientlang=2&clienttype=52&user_id_type=3&clientver=11.21.3208&is_visitor=0&data_ticket=5f03d538d289262ca14ace94b1701125&user_main_broker=WwogIDMKXQ%3D%3D&type=usu&jump_target=3&symbol=18000084
Yes there is lock up period of 2 days.
LTCM OP LowRong : nice! thanks for the link, will give it a read!