The handling fee for buying funds in a stock account is relatively lower than through bank channels;
It is calculated as one thousandth of the commission, that is, the standard bank commission* (one thousandth Divided by three thousandths) = 1.5% Dare to believe).
Note: Three thousandths is the standard commission for stock accounts.
Buying funds from securities has the following benefits:?
The handling fee of 0.3% for LOF open-end funds is cheaper than buying in other ways (1.5%), and it can be bought at low prices. , arbitrage on highs.
Some funds issued during the subscription period can be discounted or waived. The specific results will depend on the negotiation results between the securities company and the fund company selling on behalf of the company. You need to ask the securities company to know about such discounts. .
Purchasing is convenient and there are many choices. After opening an account at a securities company, you can download its trading system and operate it online. Through the system’s information announcements, you can also learn a lot of information that is not easy to know in banks. General securities It represents more fund products than banks. If a fund performs well, you can redeem the fund with poor performance at home and buy a good fund without having to travel between banks.
Disadvantages of buying funds from securities:?
For funds that are not in the subscription period, the handling fee is the same as that of banks, and there is no discount for direct sales from various fund companies online.
The funds purchased are not in the subscription period. Funds from the same company cannot be converted directly. You have to go through the process of redemption and re-subscription. When the market fluctuates, you cannot use the conversion method to ensure the highest profit.?