1. Do I need to buy a stock account?

The floor refers to the stock market, and the floor fund refers to the fund traded on the exchange. We must have a stock account. Just like buying stocks, enter the code to buy the corresponding on-site fund. For example, closed-end funds and ETF funds can only be bought on the market, so they are on-market funds.

Off-site refers to non-stock markets, such as banks and third-party sales channels. Funds that we can buy through Tiantian Fund Network, Alipay's Ant Wealth and other third-party sales channels are called OTC funds. Usually money funds, bond funds, index funds, etc. What is suitable for ordinary people to buy can be easily purchased through Alipay and other channels. You can buy directly by entering your name and code without opening a stock account. _?

Simply put, it is to buy an OTC fund in a stock account, and it does not need an OTC fund in a stock account.

2. The transaction costs are different.

OTC funds are generally divided into buying exchange rate and repurchase exchange rate according to the holding time. The subscription fee and repurchase fee are deducted according to the actual commission rate. For example, the commission exchange rate is two ten thousandths, and fees are levied according to this exchange rate, which is similar to stock trading. But the management fee and management fee are the same as those of OTC funds.