1. There are two types of funds: open-end and closed-end. Open-end funds can be bought and sold (called subscription and redemption) in banks and securities companies, while closed-end funds can only be bought and sold through securities companies.
The fund does not guarantee a minimum return, nor does it guarantee a minimum loss. That is to say, the fund does not make any promises about returns.
To put it simply, a fund takes investors’ money to invest in stocks, bonds, futures, gold, currencies, etc., and distributes dividends to investors after making money. Fund managers are only responsible for helping investors invest and charging certain management fees. They do not bear investment risks and do not enjoy investment returns.
2. Novices can open a trading or fixed investment account with their ID cards at a securities company or bank. The minimum purchase of an exchange-traded fund is 100 shares. For example, the current closing price of 163503 is 0.5 yuan. If you buy 100 shares, you will get 60 It’s enough. Over-the-counter fixed investment starts at a minimum of 100-300 yuan. Different banks will have different standards. Buying on time every month is the same as fixed investment. The 0.3% charge is higher than the bank’s 2% transaction fee. The cost is much lower, and the 1.4% cost saved becomes your profit. Currently, there are three main channels for buying and selling open-end funds. The cheapest is through on-site trading:
Securities The company's open-end funds, index funds, closed funds, LOF funds, stocks, warrants, and bonds can all be traded. There are more than 590 types of open-end funds, and more than 80 varieties can be traded on the exchange.
1. Bank subscription: It is the worst way to buy and sell funds: the front-end fee is a subscription fee of 1.5%, the redemption fee is 0.5%, and the back-end fee is a redemption fee of about 2%, but that is for a holding period of no more than half a year. , the redemption fee is charged on an annual basis, and is generally waived if held for more than 3 years. Each bank can purchase about 100 types of funds, and it takes 4-7 days for the money to arrive, which is a long time. Maybe the market has changed and you want to subscribe again, but the money has not arrived. It is the worst way to buy and sell funds.
2. Go directly to the fund company to subscribe online: the subscription fee is 1.5% and you can get a 40% discount, and the redemption fee is 0.5%. Each fund company can purchase its own funds and must register with multiple fund companies online. After opening online banking, it will take 4-7 days for the money to arrive when redeeming, which is a long time. Maybe the market has changed and you want to subscribe again, but the money has not arrived. Opening online banking and registering with multiple fund companies online is troublesome and a poor method of buying and selling funds.
3. Open a securities account, sit at home, and subscribe online without going to the bank. Buying funds from securities companies: 0.3% subscription fee for buying and 0.3% redemption fee for selling. Open-end funds such as: Southern Active Allocation, Southern Gaozeng Guangfa Small Cap Fund, you can also buy index funds, which are 8 ETF funds, such as : E Fund Shenzhen 100 ETF, China AMC SSE 50, AIA Dividend ETF, the advantage is that the cost is low, the handling fee for buying and selling funds in securities companies is 0.3%, no stamp duty is required, funds arrive quickly, are immediately available, and can be used immediately, which can avoid redemption 4- After 7 days of waiting, use your securities account to subscribe for new funds, and the subscription fee will be returned to investors.
Investors should have their own opinions when choosing funds, and choose investment varieties that suit them based on their own risk tolerance. Any recommendation for the best fund is the most beautiful lie. If your risk tolerance is If your risk tolerance is high, you can choose index funds such as Harvest 300 and Southern 500 to obtain the maximum market returns. If your risk tolerance is average, you can choose hybrid funds such as China Dividend, Harvest Theme, E Fund Value Growth, and Fuguo Tianrui to obtain maximum returns. For relatively good market returns, if you have no risk tolerance, you can buy some treasury bonds or you can buy 161010 Fortune Tianfeng, Oriental Moderate, ICBC Tianli and other bond funds. You can also earn market returns of more than 6% every year.
3. To get good returns when buying funds, you must pay attention to:
1. Choose a fund company with good performance, and also choose a good fund type in this good fund company, such as the current domestic ChinaAMC, E Fund, Harvest, and Wells Fargo Fund Company are all top fund companies. Their products can generally outperform the market. The current ChinaAMC Dividend, E Fund Value Growth, Harvest Theme, Harvest 300, and Wells Fargo Tianrui are all good fixed investments. Variety, of course, the one with the most safety margin is the highly discounted closed-end fund. 184722 and 500011 are currently discounted by more than 10%, which is the first choice for stable investment and long-term investment.
2. Choose the time to buy. When the stock market is in a downturn and investors are desperate and pessimistic, the net value of the fund at that time is low, and some even fall below the face value. This is a good time to buy. You must also choose a good time to sell, and sell decisively when market sentiment is high and the stock index hits new highs, and the market is filled with joy. Don't be greedy, only in this way can you make money. Although it is said that you are an expert in financial management and long-term investment, if you do not choose the fund company and type well, as well as the timing of buying and selling, you will still lose money. At present, the risk of buying funds in the area around 3100 points on the Shanghai Stock Exchange is not very high, but it is a high-risk area in the 4000-5000 point area. The long-term end is here, and it is right to redeem at any time.