There are different ways to buy funds, which are divided into on-site funds and off-site funds. But some investors will be confused if they don't know much about this, so can OTC funds be bought in the market? How to buy OTC funds? We have prepared relevant contents for your reference.

Can OTC funds be bought in the market?

Off-exchange funds are not available in the market. OTC funds refer to funds sold on third-party platforms such as Alipay, WeChat and banks. They are not traded on the exchange, so they can't be bought in the market. Can only be purchased on over-the-counter sales platforms.

Different subscription amounts of OTC funds are subject to different rates, and their rate discounts will be different in different channels. For example, the subscription fee of Tian Tian Fund is basically 1%, and the subscription fee of some stock funds is 1.5%, and it is 0. 15% through daily subscription.

In addition, it is worth noting that the fees of OTC funds are different, which are generally divided into two modes: A and C.

Class A: Mainly subscription fee and redemption fee. The larger the turnover of fund subscription fee, the lower the charging standard, the longer the holding time, and the cheaper the redemption rate.

Class C: Mainly sales service fee and redemption fee. Generally, you can waive the redemption fee if you hold it for 30 days, and there is no subscription fee and subscription fee.

How to buy OTC funds?

OTC funds can generally be purchased in official website, Tian Tian Fund, Alipay, WeChat, Bank and other fund companies. OTC funds refer to OTC funds, generally under the trading system of T+ 1. The share is confirmed on the second trading day of the day, and the income is calculated after the share is confirmed. At the close, it is traded at the net value (there is only one trading price per trading day).

Take Alipay as an example: first, open the mobile phone Alipay APP, search for funds in the search box and click to enter, or click the second "Finance" in the navigation bar at the bottom of Alipay's home page to find the fund, then select the fund in it, click Buy and enter the amount.

OTC funds can generally be divided into money funds, bond funds, mixed funds, index funds, stock funds, etc., among which money funds have the least risk. If investors can't bear greater risks, they can give priority to money funds, and if they want to pursue higher returns, they can give priority to mixed funds, index funds and stock funds.