Pay attention to the following points when arbitraging funds on and off the market:

1. Handling fees

When investors conduct arbitrage of funds on and off the market, the arbitrage costs incurred The price difference must be greater than the handling fee. The transaction handling fee includes fund subscription fee, redemption fee, and fund trading fee (commission, there is no stamp duty and transfer fee for selling funds on the exchange), otherwise the gain outweighs the loss.

2. Pay attention to discount and premium issues

When the on-site market price is lower than the net value of the over-the-counter fund, investors can buy the fund in the stock account on T day, and then Redeem the fund in the "On-site Fund" column, and the funds will arrive on T+2; when the on-site market price is higher than the net value of the over-the-counter fund, the investment can subscribe for the fund in the "On-site Fund" column in the stock account on T day Fund, the fund shares are confirmed on T+1, and arbitrage is completed in the on-site market on T+2.

For funds traded on the exchange, investors can sell high and buy low to earn the price difference and achieve the purpose of arbitrage.