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OFST400220 – Minimal Initial Subscription In Shares
If subscriptions are only in shares: what is the minimum number of shares for new investments? Note that the value can be a decimal to indicate that fractional trading of shares is allowed, e.g., 0.0625 to acquire 1/16 of a share as a minimum investment.
In case there is no minimal subscription neither for initial nor for subsequent subscriptions, please choose "shares and amount" for the linked field "OFST400200 Minimal Subscription Category" and insert the number '0' (zero) into this field.
| Property | Value |
|---|---|
| OF-ID | OFST400220 |
| Name | Minimal Initial Subscription In Shares |
| Area | Static data |
| Level | Share Class |
| Format | Decimal number |
| Tags | Core |
| Introduced in | openfunds 0.86 |
| Related field | OFST400200 Minimal Initial Subscription Category |
Values
Percentage described as a decimal figure, rounded to maximal 7 digits after the decimal point.
Example
5000
FundsXML 4 mapping
FundsXML core structures:
Fund/SingleFund/ShareClasses/ShareClass/SubscriptionRestrictions/MinSubscriptionShares
The field mapping table lists every field; openfunds to FundsXML explains the rules behind it.
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