ETF fund is an index-based trading fund, and its trading rules and fees are important contents that investors need to know. The transaction costs of ETF funds mainly include custody fees, management fees and transaction fees, which we will introduce one by one below.

First of all, the trading rules of ETF funds are similar to stock trading, and investors can buy and sell through stock exchanges. The difference is that the subscription and redemption of ETF funds are carried out through brokers or fund sales agencies, and certain transaction costs need to be paid. When purchasing ETF funds, you need to pay the purchase transaction fee, which is generally a few thousandths of the transaction amount. To sell ETF funds, you also need to pay transaction fees, which are also a few thousandths of the transaction amount. Therefore, the transaction cost of ETF funds is a two-way charge.

Secondly, the custody fee of ETF fund refers to the fee that needs to be paid to entrust the assets in the fund to the custodian bank. Custody banks are responsible for keeping the cash, stocks and other assets of the fund, and charge a certain proportion of custody fees according to the size of the fund. The custody fee of ETF funds is generally low, which is generally a few thousandths of the fund assets.

Third, ETF fund management fees refer to the fees that fund managers need to pay to manage funds. Management fees include fund manager management fees, fund accountant fees, auditor fees, etc. The management fee of ETF fund is generally a few thousandths of the fund assets.

Finally, the transaction cost of ETF funds also includes market transaction cost and fund net adjustment cost. Market transaction costs refer to the costs incurred by fund transactions, including securities transaction tax and stamp duty. The net adjustment cost of the fund refers to the costs incurred during the operation of the fund, such as cash management costs and loan interest.

To sum up, the trading rules and fees of ETF funds are important contents that investors need to know, among which the trading fees are two-way, including custody fees, management fees, market trading fees and fund net adjustment fees. Investors should choose their own ETF funds according to their investment needs and risk tolerance, and make reasonable allocation according to the cost of the funds.