ETF index fund represents the ownership of a basket of stocks, which refers to the index fund that is traded on the stock exchange like stocks, and its trading price and fund share net value trend are basically consistent with the tracked index. Therefore, investors buying and selling an ETF is equivalent to buying and selling the index it tracks, and can get basically the same income as the index. Usually, it adopts a completely passive management mode, aiming at fitting an index, which has the characteristics of both stocks and index funds.
1. There are two kinds of handling fees for buying funds with securities accounts:
1. floor trading, that is, a possible trading form of closed-end funds, lof funds or etf funds, is the same as stock trading. How to charge this rate, you should consult your own brokers, who may give different rates to different customers. It generally includes commission and stamp duty, and is also limited by the minimum commission.
2. OTC trading, you can also use the brokerage account for OTC trading of funds, that is, consignment. At this time, it is necessary to consult the brokerage firm when it comes to the subscription fee of the fund, because the subscription fee, discount intensity and different trading channels of the consignment fund may be different. General brokers can reduce the front-end subscription fee of partial stock funds to 40%.
Therefore, there is no subscription fee and redemption fee for ETF floor trading, and the transaction fee is charged according to the trading commission of the securities company, and no stamp duty is charged.
Second, the risk of Huatai Securities
Huatai Securities is the first comprehensive securities firm approved by China Securities Regulatory Commission. It can be seen that the financial management of Huatai Securities is safe from the platform. However, financial management is risky, and Huatai Securities' financial products do not promise to protect capital and interest. Security needs to be determined according to the risk level of the financial products actually invested.
Generally speaking, the risk of securities wealth management products that investors are exposed to in Alipay and WeChat wealth management is not high, and they are all at the risk level of R2 to R3 bank wealth management products.