There is no agency fee for fund direct sales, which is more favorable than the fund consignment rate. Fund direct selling is a way to buy and sell funds through fund companies or their websites. The subscription and redemption are carried out directly on the fund company or the fund company's website, not through the outlets of banks or securities companies.

Fund consignment is an investment business of financial institutions, which is called open-end fund consignment business. This business refers to an intermediary business in which a financial institution accepts the entrustment of a fund manager, signs a written consignment agreement, sells open-end funds on behalf of the fund manager, accepts applications from investors for subscription, purchase and redemption of open-end funds, and provides supporting services.

Extended data:

There are two ways of direct selling:

1, directly to the fund company, but the subscription amount is generally more than 500,000 yuan;

2, the opening of the fund company's online direct sales, generally buy 1000 yuan or more. Online direct selling generally uses Industrial Bank Card, Agricultural Bank Card, Construction Bank Card and Guangfa Card, and there are the most fund companies and fund varieties to choose from. That is, a handling fee of 2-8 yuan is charged for each transaction! Agricultural Bank card, China Construction Bank card and Guangfa card are all free of any handling fees, and there are relatively few fund companies and types of funds that can be bought.

Baidu encyclopedia fund direct-selling

Baidu encyclopedia fund agent