1. Characteristics of Cathay Gold ETF Linked Fund
1, product attribute
Guotai Gold ETF Linked Fund is a contractual open-end fund, and the custodian bank is Industrial and Commercial Bank of China, with the fund code of 002 18. It mainly invests in the gold spot firm contract listed on the Shanghai Gold Exchange, and the tracking target is Guotai Gold ETF Fund.
2. Investment threshold
The investment threshold of Guotai Gold ETF Link Fund is lower than that of spot gold, which is generally 1 1,000 yuan, and there is no need to open a securities account. Every 1 lot corresponds to about 1 gram of gold, and its market value is about 300 yuan, which is relatively acceptable to ordinary investors.
3. Transaction costs
Through direct counter subscription, according to the subscription scale or subscription amount, the subscription rate is between 0.2% and 0.02%, and the subscription rate is between 0.28% and 0.04%. The larger the amount, the lower the rate, and the amount exceeds 5 million. Subscription rate and subscription rate are charged in 500 yuan every time.
4. Asset liquidity
Guotai Gold ETF Linked Fund can apply for redemption every open day, and its liquidity is still relatively strong.
5. Redemption rate
The application share holding time is less than 1 year, and the redemption rate is 0.2%; More than or equal to 1 year, less than 2 years, the redemption rate is 0.05%; More than or equal to 2 years, the redemption rate is 0.
Second, how to buy Cathay Gold ETF Connection Fund?
Investors can purchase through the fund accounts of banks, brokers, third-party trading platforms and cathay pacific fund direct selling platforms.
The above information about how to buy Cathay Gold ETF Link Fund, I hope it will help you. Warm reminder, financial management is risky and investment needs to be cautious.