What is the difference between the handling fee of on-site funds and off-site funds?
On-site fund handling fees mainly include fund trading and fund operation fees. The fees charged by securities companies are different, so the fees of each securities company are different, but they will not exceed three thousandths of the transaction amount. If the single transaction is less than 5 yuan, it will be charged according to the handling fee of 5 yuan. The operating expenses of the Fund include management fees, custody fees and sales service fees. Operating expenses are calculated on a daily basis and paid on a monthly basis, and investors will not be charged separately.
Off-exchange fund expenses include fund subscription fee, redemption fee and fund operation fee. The fees charged by each fund are different, which leads to different subscription and redemption fees charged by each fund. The specific expenses can be found in the fund. The larger the turnover of fund subscription fee, the lower the charging standard, and the fund redemption fee is also related to the holding time of the fund. The longer the holding time, the lower the handling fee, which can be as low as 0 yuan. Among them, the fund operation fee will be calculated in the fund assets every day and paid monthly, and will not be charged separately to investors.
Which is cheaper, on-site fund or off-site fund?
On-site funds are cheaper, and there is no redemption fee, stamp duty and transfer fees for on-site funds, so the transaction cost is lower, while the subscription fee for off-site funds is higher.
To sum up, OTC funds and OTC funds are not only different in essence, but also different in the collection of handling fees. All of the above are about "the difference in handling fees between on-site funds and off-site funds, which is cheaper". I hope it helps you.