What is an ETF fund? ETF fund is a transactional open index fund, and its portfolio is usually based on a specific index, such as Shanghai and Shenzhen 300 Index, S&P 500 Index, Nasdaq Index, etc. Compared with traditional index funds, ETF funds are more flexible and transparent, and can be traded on exchanges. ETF funds usually have the advantages of low cost, high liquidity and decentralization.
How to open ETF fund? Opening ETF funds usually requires the following steps:
1. Choose an account broker: First, you need to choose a securities company as your account broker. At present, the main securities companies in the market are Huatai Securities, China Merchants Securities and CITIC Securities.
2. Provide proof of identity: After selecting an account opening broker, you need to provide your own proof of identity, including ID card, driver's license, passport, etc.
3. Opening a securities account: the account-opening broker will open a securities account for you after verifying the identity certificate. A securities account is a necessary condition for you to conduct securities trading.
4. Transfer and deposit: After opening a securities account, transfer and deposit are required. Just transfer the funds to the securities account through online banking, mobile banking and other channels.
5. Choose a trading platform: choose a trading platform, such as mobile APP and webpage, to trade ETF funds.
Which one has the lowest handling fee? The handling fee is a very important consideration when choosing an account opening broker. Handling fee includes commission and other expenses, such as stamp duty, transfer fees, etc. There are great differences in handling fees between different brokers. Here are some common brokers and their fees:
1. Huatai Securities: The transaction fee of Huatai Securities ETF Fund is 4.5 yuan, with the lowest 5 yuan.
2. China Merchants Securities: The transaction fee of China Merchants Securities ETF fund is RMB 3.5 yuan, with the lowest 5 yuan.
3. CITIC Securities: The transaction fee of CITIC Securities ETF fund is RMB 3.8 yuan, with the lowest 5 yuan.
4. Ping An Securities: The transaction cost of the ETF fund of Ping An Securities is 4,000 yuan, with the lowest 5 yuan.
On the whole, China Merchants Securities is a relatively good choice because of its low handling fee and simple operation of trading platform. Other factors, such as trading varieties, trading tools, research reports, etc. , need to be considered when choosing a securities company.