For ordinary investors with small funds, they only need to buy and sell in the secondary market. This is not limited by the amount of funds. If you subscribe, you will need a large amount of funds to buy a certain amount at the same time. The number of constituent stocks in a basket. For example, the basic unit for subscription and redemption of China Asset Management SSE 50 ETF is 1 million fund shares. If the net value of the fund is 1, then 1 million yuan is required.
To open an on-site fund account, you only need to open a stock account at a securities company. To open an on-site fund, you need to meet the following requirements: be over 18 years old, have full capacity for civil conduct, and have a second-generation resident ID card and a bank The card can be activated. Investors can go directly to the counter of a securities company, or they can open an account online, such as through software such as Huashun and Oriental Fortune.
After the fund account is opened, you can directly enter the code or initials just like buying stocks. On-market funds are ETFs. Buying ETFs carries less risk than stocks, and you don’t need to pay stamp duty when selling ETFs. On-exchange funds refer to funds listed for trading on exchanges, so on-exchange funds can only be bought and sold on exchanges using stock accounts.