What is the transaction cost of 1.etf fund?
1, ETF trading on the market, there is no subscription fee and redemption fee, and 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.