Funds can be divided into on-site funds and off-site funds, in which on-site funds refer to the stock trading market, and the trading rules of on-site funds are basically the same as those of stocks. In fact, there are some differences between the transaction costs of floor funds and stocks, so is it necessary to levy stamp duty on floor fund transactions?

Do you need stamp duty for on-site fund transactions?

There is no stamp duty for fund transactions, and there is no stamp duty for on-site funds and off-site funds. Most of the fund's fees in the trading hall are brokerage commissions, which are consistent with the stock commissions of brokers where investors open accounts.

Compared with stocks, the benefits of buying on-site funds are obvious. First, the risk of individual stock fluctuation can be avoided because of the combined investment of funds in the market; Second, for friends who are not strong in stock selection (90% of retail investors), investing in ETF and other on-site funds avoids the process of stock selection and does not need to know anything complicated about financial statements and individual stocks.