There are three main ways of investment income after the listing of SSE 50ETF: buying long-term holding, band operation and cross-market arbitrage trading. The first two investment methods are concentrated in the secondary market, and the third way spans the primary and secondary markets, and the trading methods in different markets are different.

Secondary market transaction mode:

When ordinary investors invest in SSE 50ETF in the secondary market, they only need to regard SSE 50ETF as an index stock or closed-end fund, and its trading method is no different from other stocks and closed-end funds.

The short name of the transaction is 50ETF, and the transaction code is 5 10050. Tap this code to query the market price, volume and other trading information in the market system. For example, 0.878 yuan means that the market price of each unit share fund is 0.878 yuan.

The declared quantity of the transaction is 100 or its integral multiple, and the minimum change unit of the declared price is 0.00 1 yuan. There is no need to pay stamp duty and other fees, just pay a certain commission according to the regulations. At present, the commission level does not exceed 0.25% of the transaction amount.

The trading hours of SSE 50ETF fund are 9: 30 ~ 1 1: 30 and 13: 00 ~ 15: 00, and the price limit is 10%, with the net fund share at the close of SSE 50ETF fund on the previous day as the calculation benchmark.

Trading channels can be hot keys, counters, magnetic cards, telephone entrustment, and online trading in the business department, which is very convenient.

Like stocks and closed-end funds, SSE 50ETF funds still implement the trading system of "T+ 1", that is, the stocks bought on the same day will not be sold until the next trading day. At the same time, the funds are still "T+0", that is, the funds returned on the same day can be used immediately. SSE 50ETF funds can also conduct block trades.

Suppose you want to buy 1200 SSE 50ETF fund, the purchase price is 0.878 yuan, and you only need to enter the code 5 10050, "buy" and other elements. If the commission ratio is set to 0.25%, the transaction cost is 0.878×1200× (1+0.25%) =1056.23 yuan.

It's just that SSE 50ETF fund has some characteristics that other stocks or funds don't have. Its market price fluctuates with the change of SSE 50 index, which is about one thousandth of SSE 50 index, but there are some differences. For example, when the SSE 50 index is 887.55 points, the net value of the fund share of SSE 50ETF is about 0.887 yuan; When SSE 50 index rises or falls by 10, the unit net value of SSE 50 index ETF should rise or fall by about 0.0 1 yuan.