You need to check whether it is an on-exchange ETF or an over-the-counter ETF.
For over-the-counter ETF funds, there is a subscription fee of 0.1%, and the redemption fee varies from 0 to 0.0% depending on the holding time. It ranges from 1.5% to 1.5%. The shorter the holding time, the higher the rate. Generally, the redemption fee is waived if you hold it for one year.
The transaction method on the exchange is the same as that of stock trading, but the transaction cost is much lower, usually 1.50 yuan (1.50 per 10,000), and there is no starting price of 5 yuan and no stamp duty.
Extended information:
ETF funds are funds that can be traded like stocks. Their transaction costs depend on the securities company's charging standards when opening an account. They are negotiable and generally range from 0.6% to 2.0%.
Traded open-end index funds, also known as exchange-traded funds, are open-end funds with variable fund shares and listed on the exchange. Exchange-traded open-end index funds are a special type of open-end funds. It combines the advantages of closed-end funds and open-end funds. Investors can apply to the fund management company to redeem fund shares.
At the same time, like closed-end funds, ETF stocks can be bought and sold in the securities market at market prices. However, investors who purchase and redeem ETF shares must exchange a set of shares for shares of the fund.
Reference: Baidu Encyclopedia - Exchange-traded open-end index funds