On-site, which is what we call the secondary market. In the secondary market, you can not only buy stocks, but also buy funds, so how can the funds on the market be purchased and redeemed?

How to redeem the funds purchased in the market?

Different from off-exchange fund subscription, on-exchange fund subscription and redemption are more similar to stock trading. If you want to buy the floor fund, you need to open a trading account with a securities company and buy and sell it directly through stock trading software.

We buy funds directly with fund companies off-site, while on-site funds trade with other investors. The transaction price changes in real time, rather than the net value of the fund calculated after the end of the trading day, so special attention should be paid to price control.

In addition, on-site investment funds do not need to pay subscription fees, redemption fees, sales service fees, etc. However, it is mainly to pay trading commissions to brokers. Don't wait until T+ 1 to confirm your own shares and gain profits. Therefore, compared with off-exchange funds, on-exchange funds have more advantages.

However, the subscription threshold of OTC funds is lower than that of OTC funds. Generally, the subscription threshold of OTC money funds is 0. 1 yuan, while other types of funds are 10 yuan, and the minimum for OTC funds is almost 100 yuan.