1. Different user sizes. Banks, Alipay and other agency sales agencies have a very large number of users, which is also one of their advantages as a fund sales channel. The user base of fund companies is relatively limited. In addition, there are a large number of fund companies and they do not have unified accounts and products. Therefore, many customers are diverted, and user maintenance costs are high.
2. Different sales products. Fund companies generally only sell fund products issued by their own companies, while fund sales agencies usually sell multiple fund companies and multiple types of fund products at the same time. Investors can register once Multiple funds can be purchased, making the operation more convenient.
3. Different profit methods. Fund companies make profits through management fees and other handling fees in the fund transaction process, while agency agencies make profits by relying on fund sales service fees.
4. Different impacts on investors. Whether it is a fund agency or a fund company, there is a risk of bankruptcy. The bankruptcy of a fund agency usually has no impact on investors, but the failure of a fund company has a greater impact on investors. After the fund company collapses, if the fund liquidation standards are met, the funds will be returned to investors through liquidation and settlement. However, the liquidation time will be longer and a portion of the liquidation costs will be lost. If the liquidation standards are not met, other fund companies will generally take over management. But no matter which way it is handled, the collapse of the fund company will have an impact on the fund's profits. I hope the above information on the differences between fund agencies and fund companies will be helpful to everyone. Warm reminder, financial management is risky, so investment needs to be cautious.