LOFs investors can purchase and redeem funds with the net value of fund shares through the fund manager or its entrusted sales organization, or they can buy and sell funds through the exchange market at the transaction price set by the trading system. In the outlets of banks and other consignment agencies, the current sales method of business counters is still adopted, and the operation process of fund subscription and redemption is the same as that of ordinary open-end funds; In the trading system of Shenzhen Stock Exchange, the prevailing pricing method of issuing new shares is adopted, and the trading methods and procedures are basically the same as those of closed-end funds. The declared purchase quantity is 100 or its integral multiple, and the minimum change unit of the declared price is 0.00 1 yuan.
The trading process of Penghua Power's growth in the market is the same as stock trading, and its trading price is constantly changing. You can buy low and sell high. The transaction cost is the same as that of closed-end funds, and the maximum import and export cost is less than 0.3%, which is cheaper than buying in banks.