Can the funds purchased in the venue be transferred from different places?
On-site funds can be transferred to off-site, but it will be more troublesome, depending on whether the brokerage company that opened the account supports on-site redemption. You can ask the relevant customer service for details. If the customer service says it supports you, you can directly choose to redeem the fund in the venue. However, at present, most brokers and fund sales platforms have not opened mutual transfer self-service channels.
On-site and off-site conversion is often used for arbitrage, that is, if the on-site price is lower than the off-site, then buy on-site first, and then redeem off-site to earn the price difference. If the OTC price is lower than the OTC price, you should buy OTC first and then sell it in the OTC market.
However, the expenses of OTC investment funds mainly include subscription fees, redemption fees and sales service fees. And the cost of OTC investment funds is mainly the trading commission paid to brokers. Generally speaking, most funds trade directly on the floor, and the cost will be relatively low. Therefore, few investors generally want to turn OTC funds into OTC funds, and more want to turn OTC funds into OTC funds.