On-exchange funds refer to funds that require a stock account for trading, while over-the-counter funds can be purchased on major fund distribution platforms and do not require a separate stock account. The difference between on-exchange funds and over-the-counter funds

Regarding management fees, OTC funds need to pay certain management fees every year, and there will also be corresponding transaction fees when trading, while on-exchange funds only charge one transaction fee. Relatively speaking, the transaction costs of on-exchange funds are lower.

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For now, the transaction costs of exchange-traded funds are only handling fees, and the difference between exchange-traded funds and stocks is that the minimum transaction fee of exchange-traded funds is a few cents, while the minimum transaction fee of stocks is generally 5 yuan.

, so for friends with relatively small funds, if you spend a few thousand yuan to buy stocks, the minimum handling fee is 5 yuan, and if you spend a few thousand yuan to buy an exchange fund, the handling fee may be just a few cents.

You can save some money here. For some friends who want to make price differences, of course, on-site funds are a good choice.

OTC funds are more dependent on fund managers, while on-market funds tend to track an industry or an index fund manager. Although it also has a control effect, it is not very effective because there are certain regulations according to industry or index, which

What is the proportion of stocks? But for OTC funds, the fund manager can adjust positions at will. Of course, there is a minimum position limit, but how the fund manager adjusts positions will not be announced to you, so there is some uncertainty.

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There have also been many rumors about OTC funds, such as rat positions, or new funds supporting old funds. There are still many tricks in OTC funds. If you want to study them, you can buy some on-market funds to play with.

, but OTC funds are mainly bought from fund managers, and some managers are very conscientious, so when buying OTC funds, you still have to choose a fund manager. Don’t just see a name at random, and place an order if it sounds good to you.

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