Investors must open an account before conducting fund transactions. There is more than one channel for fund account opening. Generally, there are specialized fund sales organizations such as banks, fund companies, brokers and fund trading networks. Investors can go to these institutions to open fund accounts and purchase corresponding funds. What's the difference between banks, fund companies, brokers and fund institutions?

To buy a fund in a bank, you only need to open a wealth management account in the bank, and then you can buy all the funds sold by the bank, usually one or two hundred; If you buy in a fund company, you can only buy funds issued by the fund company, so if you buy funds from different fund companies, you need to open accounts on the websites of the two fund companies; Brokers and fund trading networks are similar to banks, but the rates will be different.

Generally speaking, institutions such as fund trading network have the lowest handling fees and the most commission funds. There are more than 600 funds sold by the fund trading network. The funds purchased from different channels are actually the same, and they are all issued and managed by various fund companies.