In recent years, ETF, as a new investment method, has been favored by more and more investors. ETF money fund is a kind of ETF fund with currency as the subject matter, which realizes capital appreciation by investing in money market tools, such as national debt, bank deposits, short-term bills, etc.
You need to pay a certain handling fee to buy ETF money fund. The specific operation of the handling fee is as follows: investors need to open a securities account, then choose their favorite ETF money fund and confirm the purchase quantity and price. Investors need to pay a handling fee, which is generally a certain percentage of the transaction amount. Investors need to wait for the fund share to be confirmed before they can hold ETF money funds.
The handling fee of ETF money fund usually includes two kinds: subscription fee and redemption fee. The subscription fee refers to the fee that investors need to pay when purchasing ETF money funds, which is generally about 1% of the transaction amount. Redemption fee refers to the fee that investors need to pay when selling ETF money funds, which is generally about 0.5% of the transaction amount. ETF money funds also have management fees and custody fees.
When investors buy ETF money funds, they need to pay attention to the size of the handling fee, as well as the trading rules and fees of the fund. At the same time, we should carefully understand the investment strategy and risk-return characteristics of the fund, and choose the ETF money fund that suits us according to our risk preference and capital situation.
ETF money fund is an investment method with low risk and stable income, but investors need to pay attention to the size of the handling fee, the trading rules and expenses of the fund, and carefully understand the investment strategy and risk-return characteristics of the fund. Only in this way can the return on investment be maximized.