Secondary market trading funds are based on securities companies, and each company is different. At present, I know the lowest price is 1 1 (I'm still 12 thousand myself, and I need to change brokers another day).

Some brokers have the lowest transaction fees in 5 yuan, while others don't. This must be asked clearly. Brokers with the lowest transaction fees in 5 yuan can directly cancel their accounts.

General subscription fee for OTC funds of securities software1.5%; The redemption fee is uncertain, and each fund is different, generally 0.5%.

Tian Tian Fund, etc. The subscription fee is generally 1 discount, 0. 15%.

Field fund

The fund you buy in the securities trading software in the same way as the stock is the floor fund.

On-site funds include: closed-end funds, ETF funds, LOF funds and graded funds. Among them, only LOF funds can be bought on the market (directly traded through securities trading software) or purchased and redeemed off-site.

LOF arbitrage is an arbitrage activity based on "direct trading" and "purchase and redemption" when there is obvious difference between the net value inside and outside the market.

LOF fund discount arbitrage

On t-day, buying stocks from the cheaper secondary market is the same as buying stocks.

T+ 1, redemption in the market is different from selling stocks.

Off-site funds transferred to on-site funds

When the LOF fund has a premium, in addition to the above arbitrage methods, you can also use the method of transferring OTC funds into the market to increase the arbitrage amount.

Because there are arbitrage LOF funds, they are generally in a state of restricted purchase; Buy off-site and then transfer to the market to increase the arbitrage amount.

On T-day, purchase funds from Tian Tian Fund or Fund Direct Selling Website. Ants can't.

T+ 1 day, share confirmation.

T+2 days, submit the application for transfer in different places.