Etf fund is a fund that many investors like to trade, and it is also traded on the stock exchange. Some investors will ask whether etf funds and stock fees are the same, but they are not. So how do you charge etf fund fees? The following small series has prepared relevant contents on how to charge etf fund fees for everyone. Welcome to read the reference!

What is the handling fee for etf funds?

Etf fund refers to an open-end fund that can be listed and traded on the exchange, and the fund share can be changed, which can be traded on the market or off-market.

ETFs traded on the floor generally do not charge subscription fees and redemption fees, are exempt from stamp duty, and mainly charge commissions. The fees charged by securities companies are different, with the lowest fee of about 1.5 and the highest usually not exceeding 3 ‰ of the transaction amount, and the single handling fee is not lower than that in 5 yuan (some securities companies do not have the lowest handling fee for trading etf funds in 5 yuan).

For example, the commission of a securities company is four ten thousandths. If an investor buys an etf fund of 1 1,000 yuan, the handling fee is 10000 _ _ 0.04% = 4 yuan. If the securities company fails to meet the minimum 5 yuan requirements, the handling fee shall be 4 yuan. The handling fee rate of etf funds is generally not directly displayed, and investors can calculate the handling fee rate by the amount of each transaction in the delivery form.

However, over-the-counter trading of etf funds is based on stock exchange, not direct purchase, so a certain subscription fee and redemption fee will be charged.

In addition, etf funds will also charge operating expenses, including management fees, custody fees and sales service fees, which are accrued in the fund assets every day and paid monthly, and are not charged separately to investors.

Etf fund is essentially an index fund, but it is different from the traditional index fund. Etf funds track a specific index and buy all or part of the stocks in the index. Investors can buy and sell funds representing the "target index" just like buying and selling stocks. The etf fund price is refreshed every 15 seconds, and investors buy and sell according to the real-time price of the fund. In addition, etf funds cannot handle fixed investment of funds.

How is the handling fee charged?

1 floor trading. The transaction fee is charged according to the trading commission of the securities company, and there are no subscription, redemption and stamp duty fees. Among them, the transaction commission is generally not higher than 2.5‰, starting from 5 yuan.

2 OTC trading. OTC etf funds have subscription fees and redemption fees. But also related to the holding time of investors. Generally, the shorter the holding time, the higher the rate, and the longer the holding time, the lower or even no handling fee.

Why can't etf funds be sold?

When investors buy and sell etf funds, they need to trade at 9: 30- 15: 00 on weekdays from Monday to Friday morning, and they cannot trade on Saturdays and Sundays. In addition, if investors sell etf funds in the market, someone must buy them before they can sell them. Because the share of the fund in the market is fixed, the fund shares bought by investors are all bought from other investors, so someone needs to buy them when selling.

What is the handling fee for etf funds?

Etf funds only charge commission fees, and securities companies charge different fees, which will not exceed 3 ‰ of the transaction amount. The single handling fee is not lower than that of 5 yuan (some securities companies have no minimum 5 yuan requirement for trading etf funds). For example, the commission of a securities company is 3 ‰, so the commission is 5 yuan. If the securities company does not meet the minimum 5 yuan requirements, then the handling fee is 3 yuan, and the etf fund rate will not be displayed directly. Investors can calculate the commission rate by the amount of each transaction in the delivery form.

If an investor buys an etf fund with a price of 65,438+100000 yuan, and the handling fee rate of a securities company is 8/10000, then the handling fee for an investor to buy an etf fund is 65,438+8/10000 = 8 yuan.

In addition, etf funds will also charge operating expenses, including management fees, custody fees and sales service fees, which are accrued in the fund assets every day and paid monthly, and are not charged separately to investors.

Etf funds are traded on the stock exchange like stocks, and they are traded according to real-time market prices like stocks, following the principle of price priority and time priority. Investors need to open a floor fund account or a stock account to trade, but the difference is that etf funds only charge commissions, while stocks charge commissions, stamp duty and transfer fees.

What is the transaction cost of ETF funds?

1, ETF trading on the market, there is no subscription fee and redemption fee, the transaction fee is charged according to the trading commission of the securities company, and there is no stamp duty. Shanghai Investment Fund: the transaction fee is not higher than 2.5‰ of the transaction amount and not lower than 0.085‰ of the starting point, 5 yuan. Deep investment fund: not higher than 2.5‰ of the transaction amount and not lower than 0. 1.375 ‰ 5 yuan.

2. The subscription fee (1.5%) and redemption fee (0.5%/year for holding fund dissatisfaction) are charged for 2.ETF OTC transactions. Generally speaking, the total cost of OTC trading is around 2%.

ETF subscription and redemption fees are only charged when you make subscription or redemption (over-the-counter market transactions, such as in a bank). If you buy and sell in the secondary market (usually a securities company), you only charge the same handling fee as the stock, and you are also exempt from stamp duty. As for management fees and custody fees, each fund will charge them, which has been reflected in the fund's net value. The transaction cost is related to the transaction rate set by the local securities company.

ETF is a transactional open index fund with variable fund share, which is listed on the exchange. The trading mode is t+0. ETF fund transactions can be divided into over-the-counter transactions and over-the-counter transactions. If it is an over-the-counter transaction, there is no subscription or redemption fee. When trading, you only need to pay the commission of the securities company. If it is an over-the-counter transaction, the fund transaction needs to pay subscription fee and redemption fee. The general proportion is about 2% of the transaction amount. In addition, there are fund management fees and custody fees. It can be seen that from the perspective of transaction costs, ETF funds are more suitable for on-site subscription.