The operation mode is the same as the stock trading process.
(1) The securities business department opens a capital account for subscription: the securities business department can choose many products, but not all, and the cost is the same as that of the bank [subscription fee 1.5%]. Buying funds in the sales department of securities companies has an advantage: although the CSRC stipulates that fund sales cannot be discounted, brokers have adopted a flexible way to return money from commissions to investors. [Sometimes there is a discount]
(2) Securities companies open shareholder accounts to purchase: there are fewer funds that can be purchased by securities shareholder accounts, mainly to purchase closed-end funds, ETFs, LOF funds and funds that have entered the fund platform of the Shanghai Stock Exchange. The interest rate is 0.3%