There are many kinds of open-end funds, and different fund trading methods are very different. Ordinary open-end funds: use fund accounts, purchase off-site, and charge subscription fees; LOF, ETF: fund account or stock account can be used. You can buy on-site or off-site (like buying stocks), and charge a commission, with a single payment of no more than 0.3%. On-site trading can only be conducted during trading hours, and off-site trading may be postponed. For example, the transaction you make at night will be postponed until tomorrow. The stock market is risky, so we should be cautious in stock trading, but the fund is quite reliable and the risk is not too high. # After the open-end fund is open for subscription and redemption, investors can apply for subscription in the form of "amount subscription" through the qualified SSE member business department. The subscription price is calculated on the basis of the net value of fund shares calculated after the closing of the market on the day when the application is accepted. Every declaration of investors must meet the minimum subscription amount of subscribed funds, and each subscription amount must be an integer multiple of 65,438+000, with a maximum of 99,999 900 yuan. When "amount subscription" is made, the integer part is credited to the investor's account according to the specific fund share that the investor deserves, and the remaining decimal part is converted into the amount and returned to the investor. For example, the calculated investor's fund share is 1588.88, the fund share actually transferred to the investor's Shanghai securities account is 1588, and the fractional part of the 0.88 fund share is returned to the investor according to the converted amount. # Open-end funds are for closed-end funds. The biggest feature of open-end fund is that the fund scale is not fixed. There is no upper limit on the size of the fund when it is issued, and investors can subscribe for the fund during the issuance period. After the establishment of the fund, investors can also purchase or redeem the fund. Purchase will lead to the expansion of the fund scale, and redemption will lead to the reduction of the fund scale. The purchase and redemption price is the net value of the fund plus or minus the handling fee. Open-end funds are generally not listed and traded, but only purchased and redeemed at sales outlets.

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