Fund investment is one of the ways for many users to gain income. Compared with stocks, the risk of funds is still smaller. Among them, lof fund is called listed open-end fund, and investors can purchase and redeem fund shares at designated outlets. So how many ways are there to buy lof funds? What is the buying and selling process?

How many ways can I buy lof funds?

Lof funds can be purchased on-site and off-site, and there is little difference between on-site and off-site, but there are some subtle differences in investors' investment methods. Investors only need to pay no more than 0.3% brokerage commission when buying and selling lof funds in the secondary market, and the transaction cost of a complete transaction process does not exceed 0.6%.

Among them, it is more convenient to buy OTC funds, and it is necessary to open Shanghai and Shenzhen trading accounts on the market. Investors purchase and redeem according to the unit net value through off-site channels such as fund company websites, banks and third-party sales organizations. Like the on-site subscription and redemption, the off-site subscription fee and redemption fee are about 1.5% and 0.5% respectively, and the transaction cost of a complete transaction process is about 2%.

What is the buying and selling process?

Users need to choose a securities business department to open a Shenzhen A-share securities account or fund account, and then subscribe with the securities account or fund account during the lof issuance period, and pay a certain fee. After lof is listed and traded in Shenzhen Stock Exchange, investors can buy and sell closed-end funds of Shenzhen Stock Exchange in the secondary market.