Funds are divided into closed-end funds and open-end funds. The fund shares of closed-end funds are listed and traded in the stock exchange market like the shares of ordinary listed companies. The first step in buying and selling closed-end funds is to open an account in the securities business department, including capital account and capital account. To buy and sell open-end funds, we must first go through the account opening procedures, which include three main points: First, we must fill in the account opening application form at fund sales outlets such as fund management companies, banks with fund consignment qualifications or securities business departments to open accounts. Secondly, if you open an account as an individual, you must carry valid certificates and seals such as your ID card. If you open an account as an enterprise or company, you should bring a copy of the company's business license, legal person certificate, legal person power of attorney, agent's ID card and seal. Finally, you must reserve a bank deposit account to receive the redemption money.

1. You can bring your ID card to the bank counter and buy it directly.

2. You can also open online banking in the bank and buy online at home.

3. It can also be purchased online on the website of the fund company.

Bank of Communications charges low, services are good, and there are many consignment funds. You can go to Bank of Communications to open online banking.

China Merchants Bank's online banking is more professional and can be opened in China Merchants Bank.

The market has been adjusted recently, so caution is recommended.

The adjustment will continue, and the market outlook is still unclear. Experts suggest that if the fund held by investors has lost money, there is no need to cut the meat and stop the loss, and at the same time, don't blindly buy low-priced funds. Keeping on the sidelines is a wise choice for fund investment in the near future.

If you are in a good mood and plan to make long-term investment, it is no problem to buy now. You can buy Guangfa Jufeng, Bosera Select or Bosera Theme Industry. You can go to Jimi.com, Ku.com, Tiantian.com and Morningstar.com to learn about the performance, ranking and fund managers of each fund.

The expenses for purchasing funds include subscription fees and redemption fees, as well as custody fees and management fees. But when calculating the net value, the custody fee and management fee have been calculated according to the net value. You can ignore him, just calculate the subscription fee and redemption fee.

Subscription fee for new fund: 1.2% ~ 2%.

The subscription fee for the old fund is 1.5%, and the subscription fee for the new fund generally ranges from 2% to 5%.

Take 1.5% as an example.

Net subscription and subscription amount = subscription amount /( 1+ subscription rate)

Subscription fee = net subscription amount × subscription rate

Subscription and subscription share = (subscription amount-subscription fee)/par value of fund share

The redemption rate is 0.5%

Redemption fee = share * net value *0.5%

Finally, the money you can get back = share * net value-redemption fee

The discount of online banking is only valid after the bank and the fund company sign a contract, and it is not always available.

Not all funds' redemption fees are decreasing with time. For example, the redemption fee of Guangfa Small Cap is always 0.5%.

At present, the popular is:

Less than 1 year is 0.5%

1 year and less than 2 years is 0.25%.

More than 2 years is 0

1 year is based on 365 days.

The calculation formula of fund subscription is: subscription fee = subscription amount × subscription rate. Subscription share = subscription amount ÷( 1+ subscription fee) ÷ net value of the fund unit on the day of application.

The calculation formula of fund redemption is: redemption fee = redemption share × net value of fund unit on redemption day × redemption rate.