What bond funds are there in the market? Which is better? What's the difference between OTC funds and OTC funds?
On-site fund transaction:
The floor trading price is real-time, that is, the price you bought at that time is the same as the price of stock trading. Just like off-site subscription, on-site subscription can also get dividends, but there is one difference. On-site purchase funds can only receive cash dividends and cannot be reinvested. Off-site purchases can be reinvested. Funds that can be redeemed and purchased on the spot can also be redeemed on the spot. The redemption price is the net value announced by the company on the day after the market closes. Buying (stock method) is different from buying (fund method), and selling is different from redemption.
Advantages of on-site fund trading:
First, the transaction rate is low, and the import and export fee is only 0.3%, which is much cheaper than banks and online direct sales; Second, the funds arrive quickly (T+ 1), and the time cost and opportunity cost are relatively dominant; Third, the trading method is flexible and convenient, that is, it can be traded in the sales department of securities companies or operated at home or in the office by using the network; Fourth, it is more conducive to band operation: seize opportunities in time and avoid risks quickly.
Calculation of on-site funds and off-site funds rate:
(1) On-site fund: Actually, it is stock trading, and the current rate is generally 20,000-50,000 yuan, with the lowest single 5 yuan.
Calculation formula: Assuming that the total investment is A and the single investment is B,
(The current rate is generally 3000 yuan. Since the amount of a single fixed investment is generally less than 65,438+00,000 yuan, the lowest 5 yuan is used. )
Then the fixed investment fee is: A/B*5.
(2) Off-exchange funds: At present, all platforms basically have the problem of 1 discount, which is about 1.5, and the redemption fee is 2.5, and the redemption fee for more than two years is free.
Calculation formula: assuming that the total investment amount is a and the single investment amount is b, ignoring the exemption of redemption fee,
Then the fixed investment fee is: A*0.35%
Based on the above two points, it is estimated that it is cost-effective to buy the on-site fund rate when B = 1428.5.
In fact, considering the initial investment, there is no redemption fee for more than two years. When the fixed investment amount is below 1500 yuan, it is more cost-effective to buy OTC funds. Instead of what some authors say, buying on-site funds is the cheapest.