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How to invest in funds at low cost?
Fund is a common investment and wealth management product in our life, but the transaction of fund also needs to charge a certain handling fee, such as subscription fee and redemption fee. So how to invest in low-cost funds? What are the main aspects? The following is analyzed by Xi Cai Jun:

The following are ways to reduce investment costs when trading funds:

1, diversification and portfolio investment

Diversified investment refers to buying different types of unrelated funds at the same time and diversifying investment to reduce investment costs and diversify investment risks. Portfolio investment refers to the rational allocation of funds, for example, the allocation of white horse blue chips and common stocks, and so on, to screen out better funds for investment.

2. Fixed investment of the fund

Fixed fund investment refers to an investment method of investing a fixed amount in a designated open-end fund at a fixed time. It is to spread the cost of holding positions through continuous buying, reduce the risk of holding positions, and exchange time for income.

3. Fund conversion

When the fund falls for a long time or the quality is not high, investors are advised to choose fund conversion and invest in a better fund, waiting for it to rise and make a profit. Fund conversion can help investors save a handling fee and reduce investment costs to some extent. However, investors should note that the premise of fund conversion is that both funds have conversion functions and can only be carried out in the same fund company.

4, high throw and low suction

Selling high and sucking low means buying properly when the fund is down or low, and then choosing to sell after the subsequent fund is up, which can not only make a profit, but also reduce the investment cost, because the price bought when the fund is low is relatively cheap.

5. Fund dividends

Mainly choose to reinvest in dividends, and directly convert the cash obtained from dividends into fund shares to continue investment, which saves a subscription fee, but the total assets of investors remain unchanged. Dividend reinvestment is also a common way to reduce costs, and some fund companies will introduce a bonus reinvestment fee reduction policy.

Step 6 cover positions

If the fund falls, and investors think that the decline of the fund is only temporary, and the possibility of subsequent rise is greater, then you can choose to make up the position when the fund falls, increase the share of fund positions, and buy at a low price can also reduce the cost of positions.