Transaction cost: The charging standard of each securities company is different and will not exceed 3 ‰ of the transaction amount. Single lowest 5 yuan, less than 5 yuan according to 5 yuan.
1.ETF fund: the full name of ETF is exchange-traded fund, that is, transactional open index fund, which is usually also called exchange-traded fund. It is an open-end fund which is listed and traded on the exchange and has variable fund share. ETF combines the operating characteristics of closed-end funds and open-end funds. Investors can buy and sell or redeem fund shares of fund management companies in the primary market, and at the same time, they can buy and sell ETF shares in the secondary market at the market price like closed-end funds. However, the purchase and redemption must use a basket of stocks for fund shares or use fund shares for a basket of stocks, which requires a large amount of funds. So, however, we ordinary people buy ETF funds mainly through the on-site (secondary market) operation.
2. What is the secondary market? What's the difference between it and the primary market? In fact, both the primary market and the secondary market are important markets for securities product sales. However, the primary market is the securities issuance market and the secondary market is the securities trading market. Securities products need to go through the primary market before they can enter the secondary market. Under normal circumstances, the primary market mainly involves institutions and needs certain funds. The secondary market is the circulation market, generally taking hands as the unit, with one hand 10 bonds and one hand 100 stocks; Ordinary people mainly participate in the trading of securities products in the secondary market, including ETF funds.
Three. Trading rules of ETF funds: ETF funds are mostly index funds. We ordinary people generally buy and sell ETF funds in the market. The process of buying and selling stocks is the same and the operation is relatively simple. Register a stock account first, then choose your own intentional ETF fund, and then you can buy it. Compared with over-the-counter index funds, the handling fee for trading ETF funds in stock accounts is lower, which means that we may get higher returns.
Four. Transaction costs of ETF funds: ETF funds listed and traded do not charge subscription fees and redemption fees. The transaction fee is charged according to the trading commission of the securities company, and there is no stamp duty. Through Bian Xiao, you can open the stocks of the top three brokers in the industry with a low ETF commission of 0.5.