On-site fund purchase refers to the purchase of funds through the trading software of securities companies after opening an account. Off-site fund purchase refers to the purchase of funds through bank counters, online banking, securities company counters, fund company websites and other channels.

The difference between on-site subscription and off-site subscription of funds;

1, trading channels are different. After opening an account, the on-site subscription funds are traded through the trading software of the securities company; Over-the-counter purchase funds are traded through bank counters, online banking, securities company counters, fund company websites and other channels.

2. The transaction objects are different. Funds that can be purchased in the market include LOF funds, ETF funds and closed-end funds. Funds in the market cannot be fixed or converted. All open-end funds, including LOF funds and some ETF funds, can be purchased off-site, and most of the off-site funds can be fixed and converted.

3. The transaction rate is different. The highest one-way transaction rate of buying or selling in the market shall not exceed 0.3%; The off-site subscription rate is generally 0.6% ~ 1.5%, and the redemption rate is generally 0.5%.

4. The arrival time is different. The on-site funds can be sold within T+ 1 working day after purchase, and the funds will be received within T+ 1 working day; Off-exchange funds can be redeemed within T+2 working days after subscription and received within T+ 1 working days.

5. The transaction price is different. On-site purchase is conducted in the form of stock trading. According to the relationship between supply and demand, the transaction is carried out at a timely price, and the price is different at different trading times on the trading day. Over-the-counter subscription is an unknown price, which is traded at a net price, and there is only one price every day.