As investors, when we choose to buy funds, we will pay attention to factors such as fund income, risk and cost. Among them, cost is a problem that we are very concerned about. For fund transaction costs, many people will ask:
We need to know what an on-site fund is. The so-called floor fund refers to the fund listed and traded on the stock exchange, also known as transactional open-end fund (ETF). Different from OTC funds, OTC funds can be listed and traded on the stock exchange like stocks, and both subscription and redemption are carried out through the exchange. The transaction cost of floor funds is similar to that of stock trading.
Generally speaking, the transaction costs of on-site funds mainly include commissions and transaction fees. Commission refers to the fees that investors need to pay to brokers when buying and selling on-site funds, and transaction fees refer to the transaction fees charged by the exchange. For commissions, different brokers have different charging standards, which are generally charged according to the transaction amount. The transaction fee is generally charged at one thousandth or one thousandth of the transaction amount.
Back to the original question, there is actually no definite answer to this question. Because different brokers charge different commissions, some brokers may offer lower commissions than 5 yuan, while others may charge higher commissions.
It should be noted that commission is not the only cost, and transaction costs also need to be considered. Even if some brokers offer a lower commission than 5 yuan, if the transaction fee is higher, the final transaction fee may not be low.
When choosing a brokerage firm, we should not only pay attention to the commission, but also comprehensively consider other factors such as transaction fees. At the same time, you can also choose a more suitable brokerage firm to invest by comparing the charging standards of different brokers.
We need to emphasize that although cost is very important, it is not the only factor for us to choose a fund. When choosing a fund, we also need to pay attention to the investment strategy, performance, risks and other factors of the fund, as well as our own investment needs and risk tolerance, in order to make more informed investment decisions.