As a type of index fund, exchange-traded funds are increasingly favored by investors. But for ordinary investors, how to buy with low fees is an important issue. This article will analyze how to achieve low fees from three perspectives: investment methods, transaction fees, and on-site fund rates.
Investment methods
When investing in on-site funds, we can choose traditional securities brokers, or choose to purchase through mobile APP. Using a securities broker to purchase on-exchange funds usually requires you to pay certain transaction fees and commissions, but these fees can be avoided through the mobile APP. Therefore, choosing a mobile APP to purchase on-site funds is the preferred way to reduce costs.
Transaction fees
In the process of purchasing on-site funds, you need to consider the impact of transaction fees on costs. Choose a platform or product with low handling fees for trading.
On-exchange fund rates
Different on-exchange fund rates will also have an impact on investors' returns. Fees for exchange-traded funds usually include management fees and custody fees. When choosing an on-exchange fund, you need to carefully study the fund's fee rate to determine whether the management fees and custody fees are reasonable.
Summary
By choosing a mobile APP to purchase on-site funds, paying attention to transaction fees and understanding fund rates, you can reduce the cost of on-site funds. At the same time, investors need to carefully study the fund's performance, fee rates and transaction fees when purchasing on-site funds, and fully consider the relationship between investment risks and returns.