Open-end funds do not trade, but sell through fund management companies and their designated consignment outlets. Securities companies and banks are the most common distribution channels.

Investors need to carefully read the fund prospectus, fund contract, minimum investment amount, account opening procedures, trading rules and other documents to decide which fund to invest in; Then you can open a fund account and the fund account required by the agent network designated by the fund management company, and after confirmation, you can purchase or redeem the open-end fund issued by the fund management company; Within a few working days after completing the transaction procedures (designated by the fund management company), investors print the transaction confirmation form at the sales outlets, and the transaction is completed.

The Pilot Measures for Open-end Securities Investment Funds stipulates that open-end funds can charge subscription fees, which shall not be higher than 5% of the subscription amount, and the subscription fees can be charged at the time of fund subscription or deducted from the redemption amount. Open-end funds can charge a redemption fee, but the redemption fee shall not exceed 3% of the redemption amount.