At present, there are a large number of fund products on the market, and more and more investors start to invest in funds. Although there are many fund products, we need to know some rules first. Do you know how to set the buying and selling price of funds?

How is the fund trading price stipulated?

First of all, we must understand the concepts of on-site funds and off-site funds. On-site funds refer to funds listed and traded in the secondary stock market, while others are off-site funds, such as those purchased from Alipay and Tian Tian Funds.

As far as the buying and selling price is concerned, the nature of on-site funds and off-site funds is different:

1 floor fund: the transaction price of the floor fund is its price in the secondary market. Like stocks, the price of floor funds is constantly fluctuating.

2 OTC funds: the transaction price of OTC funds is the net value announced by the fund company every trading day, and the announcement time is 15:00. If it is sold before 15:00, it will be traded at the net value of the current day, and the net value of the next trading day will be after 15:00.

In terms of transaction costs, both on-site funds and off-site funds need to pay management fees and custody fees, but in terms of main expenses, on-site funds are trading commissions, while off-site funds are subscription fees+redemption fees or sales service fees+subscription fees.