The price difference between on-exchange fund subscription and direct purchase is:
On-exchange fund subscription is calculated based on the net value of the fund after the market closes on that day, and a handling fee of nearly 1.5% is charged.
When buying in the direct market, the price on the day is constantly fluctuating, but generally the market price of LOF funds has a certain discount (about 1%) to its net value, and only a commission of no more than 0.3% is charged. , so on-site fund subscription is not as suitable as buying directly in the market before the market closes. However, you need to go through the custody transfer procedures before redemption.