I don't know much about it, but I know that funds can be bought from major banks, securities companies and fund companies. The first two are fund sales agencies, and fund companies are direct sales agencies.

The most common way is to go to the bank to buy and sell.

Steps for buying and selling funds in a bank The first step is to apply for a trading card transaction time (Monday to Friday, 9:30-15:00). Bring your ID card to the counter to apply for a trading passbook and a fund trading card (different banks have different requirements, CCB must ask for it)

A special securities trading card, or a general bank card from ICBC or Agricultural Bank of China will suffice).

The second step is to open a fund account. Investors buying and selling open-end funds must first open a fund trading account and a TA account.

If you want to buy funds from several fund companies, you have to open several fund accounts accordingly, one for each fund company; an ID number can only open one fund account at a fund company (except for those registered in China).

The third step is to purchase the fund. The process in which investors purchase fund units during the open-end fund raising period and when the fund has not yet been established is called subscription.

Usually the subscription price is the face value of the fund unit (1 yuan) plus a certain sales fee.

Investors subscribing to funds should fill out a subscription application form at the fund sales point, pay the subscription payment, go through relevant procedures at the registration agency and confirm the subscription.

After the fund is established, the process in which investors apply to purchase fund units from the fund management company through the sales agency is called subscription.

When investors subscribe for funds, they should usually fill out a subscription application form and pay the subscription payment.

Once the amount is paid, the subscription application becomes valid.

Note: The subscription fund adopts the principle of unknown price, that is, the transaction price is the net value of the fund after the closing of the day.

The minimum amount for first-time subscription/subscription is generally 1,000-5,000 yuan, and each company has different regulations. Subsequent subscriptions generally require more than 1,000 yuan.

Some funds can also handle regular fixed-amount business, that is, agreeing on a fixed date every month (optional) to automatically transfer a certain amount of money (optional) from the account to purchase the agreed fund. The monthly agreed deduction amount can be as low as 100-500, each company

The regulations are different.

Step 4: Confirm the transaction. After 2-3 working days, you can check the transaction confirmation status in online banking or at the counter. If there are no accidents (computer failure, non-trading days, operation errors), the transaction can be completed.

Step 5: Selling Funds Contrary to buying funds, when investors sell funds, they sell the fund units they hold to the fund manager at a certain price and receive cash back. This process is called redemption.

The redemption amount is calculated based on the net asset value of the unit fund on that day.

Investors who want to redeem a fund should usually fill out a redemption application form and go through the redemption procedures at the fund sales point.