The Fund does not charge any taxes, including stamp duty, income tax on fund capital gains, income tax on fund dividends, etc. , and only need to pay transaction costs (subscription fee, redemption fee, management fee).
The difference between fund and stock trading rules mainly refers to the difference between OTC fund and OTC stock trading rules. The main differences are as follows:
1. Different trading units
The minimum unit of stock trading is 65,438+000 shares, and the purchase must be an integer multiple of 65,438+000 shares. The initial investment amount of OTC funds may be 1 yuan, 10 yuan or even 1000 yuan, depending on the fund type.
2. Different transaction costs
The transaction costs of stocks mainly include commission, stamp duty and transfer fees, while the transaction costs of OTC funds mainly include subscription fees, redemption fees, management fees, sales service fees and custody fees. Among them, investors can negotiate with securities companies to reduce the rate, and the redemption fee of OTC funds is inversely proportional to the number of days that investors hold the funds, that is, the longer they hold the funds, the lower the fees, and even the redemption fee is waived.
3. The funds arrive at different times.
After the stock is sold, the funds will be immediately deposited into the investor's stock account and can be used the next trading day. However, when the OTC fund is redeemed, the funds will arrive late. Generally speaking, the money fund t+ 1 working day, the stock fund, bond fund and hybrid fund t+4 working days, and QDII fund t+ 10 working day.
A fund in a broad sense refers to a fund set up by a certain number of investors for a certain purpose. These include trust and investment funds, savings funds, insurance funds, retirement funds and various foundations. Stock is a certificate issued by a joint-stock company to prove the shares held by shareholders. It takes the form of shares in the company. Investors become the owners of the issuing company by purchasing shares, get the expected annualized operating income, and participate in major decision-making voting according to the shares they hold.