Bank consignment
Banks are the most traditional distribution channels. Usually, fund companies will take the fund custodian bank as the main distribution bank.
Advantages: banks have an excellent reputation in the eyes of the people. Until now, some investors still think that going to the bank to buy funds is very practical and reassuring. For investors, the biggest advantage of banks is that they have many service outlets and are close to investors, which is very convenient.
Disadvantages: 1) The types of funds sold by banks are limited, and the types of funds sold by different banks are also different. If investors want to buy more than one fund, it is often difficult to handle it properly in one bank. 2) Banks usually don't sell all the funds of a fund company on a commission basis, which will bring trouble to businesses such as fund conversion that may be needed in the future. 3) Generally, you can't get a discount on subscription fees by buying funds through banks. Equity funds need to pay a subscription fee of 1.5%.
Opening an account: It's easy to buy a fund through a bank. Just hold the current passbook of the bank, bring your ID card and open a fund account with the corresponding fund company.
Tip: In order to facilitate the follow-up operation, you can open online banking and telephone banking at the same time when you open an account, and you don't have to go to the counter every time in the future.
Securities companies sell on a commission basis
Securities companies are also traditional channels for fund sales.
Advantages: 1) Large brokers, such as Galaxy Securities and Guotai Junan, have a wide range of consignment funds. Investors can buy and sell funds through the online trading system of brokers under a unified operation interface, which is very convenient. For old investors, it is very convenient to buy and sell funds through the familiar brokerage trading system and manage and operate funds in a unified way. 2) For investors with stock accounts, they can buy and sell LOF funds in the secondary market through securities companies. 3) You can also get a certain subscription rate discount by purchasing funds through brokers.
Disadvantages: 1) The main disadvantage of the brokerage agency channel is that there are few outlets. Because the account opening procedures can only be carried out during the opening of the stock market (9: 30 am to 165438+ 0: 30 pm and 65438+ 0: 00 pm to 3: 00 pm), it is not very convenient for many office workers. 2) Funds are a relatively new business for brokers. Brokers generally lack service personnel with sufficient professional knowledge, and the consulting services provided to investors are relatively poor. 3) The account manager of the securities business department thinks too much about the stock operation, sometimes misleading investors. For example, people in the securities business department often persuade investors to buy "cheap" funds with low net worth.
Opening an account: If you have a stock trading account in Shanghai and Shenzhen stock markets, you can directly open a fund account of a fund company and trade funds through a brokerage firm. If you don't have a stock account, you need to apply for a capital account first, and you need to bring the original ID card, bank passbook or bank card (note that different securities companies have different requirements, and most securities companies accept ICBC passbook and CCB Dragon Card). According to the regulations, 5 yuan fees are required, but most brokers are exempt from this fee. After the fund account is established, you need to open the fund account of the corresponding fund company, and you can buy and sell the fund after handling the fund account.
Tip: 1) Not every securities company sells all funds on a commission basis. You should choose a larger brokerage company, which sells a wide range of funds. 2) Basically, you need to open an account for the first time. Before you go, you should go to the brokerage website or call to find out which funds they sell on commission, and which bank passbook or bank card you need to open a fund account, so make preparations in advance. 3) After the fund account is established, when opening a fund account, some brokers require that it must be handled at the counter, while others provide telephone or online account opening functions. If it must be handled at the counter, it is best to open more fund company accounts when opening an account, so as to save the trouble of investing at the counter in the future. 4) Many securities business departments do not explicitly give investors preferential rates. For investors with large investment, they can communicate with the account manager of the securities business department and get preferential subscription fees.
Fund company direct-selling
There are two kinds of direct sales of fund companies: counter direct sales and online direct sales. Counter direct selling is a traditional sales channel, which mainly serves VIP customers. Professional service personnel provide consulting services, and you can also get preferential rates. The disadvantage is that there are few outlets and the threshold is relatively high, which is not suitable for small and medium investors. Online direct selling is a new trading channel, and most fund companies have set up online direct selling services. The following focuses on online direct selling of fund companies.
Advantages: 1) Most fund companies offer preferential rates for online direct selling, and the subscription fee for online direct selling of stock funds of many fund companies is only 0.6%. 2) Online direct selling only needs a bank card, which is not limited by geographical area and provides 7*24 hours service, which is very convenient. 3) Due to saving the time of fund transfer between the fund company and the consignment channel, the funds can be received more quickly after redemption.
Disadvantages: 1) Different fund companies require different settlement cards. For example, you can buy funds owned by Guangfa, but you can't buy funds invested in Morgan. You can buy funds owned by Huaxia, but you can't buy funds owned by Guangfa. Therefore, if you buy more than one fund, you often need to apply for different bank cards for this fund portfolio. 2) Need to open an account on the website of each fund company. When more funds are purchased and more fund companies are involved, it is still time-consuming to operate the trading system of securities companies. 3) At present, some fund companies have not opened online direct selling business, and not all fund companies have preferential rates for direct selling. For example, Jingshun Great Wall does not offer discounts on subscription fees. 4) UnionPay transfer fee is required, and the current standard is as follows: below 5,000, each 2 yuan; 50,000-50,000 yuan, each 3 yuan; 50,000 to 65,438+10,000, each 5 yuan; More than 65,438+10,000, each 8 yuan.
Account opening: 1) Bring the original personal identification, apply for a bank card at the bank, or open online banking service for subsequent operations. 2) You can buy and sell funds by opening a fund account on the website of the corresponding fund company. 3) If the fund has been purchased through a bank, securities company and other consignment agencies before, it is necessary to open online transactions through the channels provided by the fund company for the original consignment customers, usually the original fund account number is required. Tip: 1 Know the policies of the fund company in advance, including the required bank cards and the preferential rates provided; 2) Industrial card is a good choice. You can buy more than 100 funds, which basically covers the funds with good performance in the market and is not limited by geography. It can be handled at any outlet of Industrial Bank in China.