The specific process of purchasing funds is roughly as follows:
1. Buy an open-end fund in a bank: bring your ID card and go to the nearest big bank (Industrial and Commercial Bank, Agricultural Bank, China Construction Bank, Bank of Communications, etc.). ), with the help of the staff, open a fund account, open a fund account (usually a bank card), and deposit a certain amount in the bank card. The amount depends on your investment ability and willingness. Then you can buy and sell funds (purchase and redemption).
2. If there is a business department of a securities company nearby, you can also bring your ID card to the business department of the securities company. With the help of the staff, you can also open a fund account (only for fund trading) or open a securities account (for trading funds, government bonds, stocks, etc.). ), and then open a fund account, deposit a certain amount of funds in the fund account, and conduct fund transactions. In some places, the above process is basically the same for banks with third-party depository business.
Remarks: It should be noted that there are relatively many types of funds opening accounts in the stock exchange, including open-end funds and closed-end funds, and some of them have very low fees when trading on the exchange, such as closed-end funds. The cost of buying and redeeming open-end funds in banks is higher, but it will be lower after more than two years. Details will be asked in banks and exchanges.