As we all know, whether you buy stocks or funds, there will be fees, and the level of fees has always been the concern of investors. Recently, the news about the downward adjustment of fund transaction fees has aroused everyone's onlookers. Many people want to know if this news is true and how much will the fees be lowered?

how much will the fund transaction fee be lowered in p>221?

the fund transaction fees of Shanghai Stock Exchange and Shenzhen Stock Exchange are all reduced to .4% for bilateral collection, and the fund transaction fee of Shanghai Stock Exchange is reduced from .45% for bilateral collection to .4% for bilateral collection, and that of Shenzhen Stock Exchange is reduced from .487% for bilateral collection to .4% for bilateral collection.

(Photo source: official website, Shanghai Stock Exchange)

(Photo source: official website, Shenzhen Stock Exchange)

This policy will be implemented from July 19th, 221, which is undoubtedly great good news for investors, because the reduction of transaction fees means that the cost of buying and selling funds will be reduced in the future. People in the industry say that this is a big gift package sent by the exchange to investors.

Experts don't suggest that the transaction fee of day trading

Fund should be lowered, but it doesn't mean that everyone can increase the transaction frequency, or encourage people to make medium and long-term investments. This move is more for the convenience of the people and the cost reduction of investors. After all, the fund transaction fee is only lowered, not free. If you trade frequently, it will also generate a lot of fees, and the fund's ups and downs have always been relatively stable.

does the reduction of fund fees mean that a bull market is coming?

lowering the transaction fee of funds will make more investors choose to invest in funds, but this process is definitely not an overnight process, but a gradual process, so don't fantasize about making a fortune in a bull market as soon as the policy comes out. This is a very wrong idea. The market will always be slow, and slow cattle is a gradual process, so you can only see the market trend according to the weekly and monthly lines to see the income and the bull market.

after reading the above introduction, I believe everyone has a better understanding of how much the handling fee for fund transactions will be lowered in 221. If you buy a fund after July 19, 221, the cost will be lower, which may attract more investors to settle in the fund market.