ETF fund is a kind of fund that can be traded on the market. It is a transactional open index fund, which is often called exchange-traded fund. Investors need to know the trading rules and fees if they want to buy this kind of fund.
what are the trading rules and fees of p>ETF funds?
1 Trading is the same as trading of stocks and closed-end funds, and fund shares are bought and sold among investors;
2 the trading hours are from 9: 3 am to 11: 3 am and from 1: pm to 3: pm from Monday to Friday (except holidays);
3 place an order through any securities company during the trading hours of the trading day;
4 opening an account requires opening a securities account;
5 1 fund shares of the trading unit are 1 lot;
6 the reference fund unit net value (IOPV) is calculated every 15 seconds for investors' reference;
7 the minimum price change unit is .1 yuan;
8 ETFs can also conduct block transactions;
9 There is no stamp duty on the transaction fee, and the commission is not higher than .3% of the transaction amount, starting from 5 yuan.
cross-border ETFs, bond ETFs, gold ETFs, currency ETFs and commodity futures ETFs can be T+. Domestic A-share ETFs are T+1 transactions, that is, ETFT+1 bought on T day can be sold. T+ is still implemented for funds, that is, the funds withdrawn on the same day can be used immediately, but they cannot be withdrawn on the same day, and can only be withdrawn into the bank card on the next trading day.
ETF funds combine many advantages, but they are also not guaranteed. Moreover, before trading, investors can ask the securities company's commission regulations, and if the trading amount is large, they can apply for reducing the commission ratio.