On-site refers to the secondary market, which is usually traded on an exchange. Off-exchange refers to channels other than exchanges, such as banks and Alipay. So, do you know whether the OTC fund is risky or the OTC fund is risky? What is the difference?

Is the on-site fund risky or the off-site fund risky?

The risk of on-site funds is similar to that of off-site funds. They all belong to the type of fund, but they are purchased in different ways. As long as it is a formal platform, the security is the same, and the platform will not take investors' money. You can rest assured of that. But the fund products themselves are risky, such as money funds, bond funds, stock funds, hybrid funds, etf funds, closed-end funds and so on. Because of the different fund products, the risks at the time of purchase are definitely different.

What is the difference?

1 Different trading places. There is a fixed place for on-site fund trading, namely the stock exchange. There is no fixed place for OTC funds, usually banks and other channels.

2 The transaction cost is different. On-site fund transactions mainly charge handling fees, which are generally about three ten thousandths, and are charged by securities companies. The fees of OTC funds are mainly subscription and redemption fees. Different funds have different holding periods and different rates.

Three different ways of buying and selling. On-site funds can only be bought and sold through securities accounts, and when buying and selling funds, they are traded according to the real-time price of funds. Off-exchange fund transactions also require accounts with corresponding channels. For example, buying and selling funds requires a bank account, and you can't trade them immediately when buying and selling funds.

4 arrival times are different. On-site fund subscription can generally be sold within T+ 1 working day, and some varieties can be sold and redeemed on the same day. Off-exchange funds usually need to be redeemed on the second working day after purchase, and the arrival time is generally T+ 1 to T+7 working days.

There are some differences between on-market funds and off-market funds, but the risks are roughly the same, mainly depending on what kind of fund products investors buy. The risks of different fund products are definitely different.