Open-end fund refers to a fund operation mode in which fund sponsors can sell fund shares or shares to investors at any time according to their needs, and can redeem the fund shares or shares issued at the request of investors when setting up the fund. In addition, open-end funds have become the mainstream of the international fund market. More than 90% of the fund markets in the United States, Britain, Hongkong and Taiwan Province Province are open-end funds.
Where can I buy an open-end fund?
Open-end funds can be purchased from fund companies, banks and third-party fund institutions. However, the fees for purchasing funds in different places are different. Generally speaking, banks charge the highest fees, followed by fund companies, and third-party fund institutions charge the lowest fees for subscribing to open-end funds.