Where can I buy a fund?
1 bank: the bank provides fund consignment business, and users can purchase funds at bank outlets or through mobile banking or online banking;
2 fund companies: fund companies will issue fund products, but generally only have their own fund products, and the types and products are relatively single and the fees are stipulated;
3 securities companies: now securities companies are also selling fund products on a commission basis, and investors can purchase funds after opening an account through the securities company APP;
4 Third-party platforms: Alipay and WeChat Wealth Management are all third-party fund purchase platforms.
It should be noted that when choosing a fund trading platform, the purchase channels of different types of funds are different. If it is an on-site fund, it can only be purchased through the brokerage trading platform; If it is an OTC fund, the purchase channels will be more abundant, such as banks, fund companies and third-party fund trading platforms.
OTC funds refer to funds that are not traded on the stock exchange. The funds are traded on a net basis (all transactions during trading hours are calculated on the net value at the close of the trading day), and T+ 1 trading is implemented. The shares are confirmed on the second trading day of the trading day, with no limit on price increase or decrease and no minimum trading quantity requirement. On-site funds refer to funds traded on the stock exchange. Like stock trading, floor trading is conducted according to the real-time market price (price first and time first), with T+ 1 trading (cross-border ETFs, bond ETFs, money fund ETFs and gold ETFs are subject to T+0 trading), with price limit 10% and marketing unit 100.