Fund Data Converter
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OFST400245 – Minimal Subsequent Subscription Category
Subsequent investments into a share class may be subject to a minimum requirement, as set forth in the prospectus – such as buying a specific number of shares, or also by investing a specific amount of money. A subscription requirement for a specific amount of money usually implies that one can invest in fractions of a share class unit, so long as the minimum amount of money is met. For instance, assume that a share class of a fund costs 125 currency units. If investors are required to buy a specific number of shares, "shares" is the right choice. If, however, the requirement is to invest 200 currency units, then "amount" is the answer.
| Property | Value |
|---|---|
| OF-ID | OFST400245 |
| Name | Minimal Subsequent Subscription Category |
| Area | Static data |
| Level | Share Class |
| Format | Text |
| Tags | Core |
| Introduced in | openfunds 1.26 |
Allowed values
shares, amount, shares and amount
Example
shares and amount
FundsXML 4 mapping
FundsXML 4.2.11 has no element for this field. The converter keeps the value as CustomAttributes/Attribute named OF_OFST400245 on the share class (or position), so FundsXML → openfunds restores it unchanged.
The field mapping table lists every field; openfunds to FundsXML explains the rules behind it.
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