1, trading places is different:

This is the easiest way to distinguish between OTC funds and OTC funds. On-site funds refer to funds traded on the exchange. There are many channels for the purchase and redemption of OTC funds, which can be in banks, brokers or third-party financial platforms.

2. Transaction rate:

The general subscription fee for OTC funds through the third-party financial platform is 10% discount, while the redemption fee is determined according to the holding time. Generally, the shorter the holding time, the higher the redemption rate; The trading fee of the on-site fund shall be executed according to the commission rate signed by the client and the brokerage firm. Whether to cancel the single minimum 5 yuan limit?

3. Transaction price:

The trading price of the on-site fund is the published price that changes in real time; The transaction price of OTC funds is fixed.

4. Different thresholds:

Compared with the minimum investment of OTC funds 10 yuan, OTC funds have a higher threshold and need to start with one hand. If you buy an ETF over the counter, you need 1 10,000.

5. Arrival time:

On-site funds can be sold at T+ 1 day after buying, and the funds can be used after the transaction is successful; Generally, OTC funds can only be redeemed after T+2 days after purchase, and the time for funds to arrive is generally T+ 1 to 7 working days.

6. Dividend payment method:

The dividend distribution method of the on-site fund is only cash dividend; OTC funds can be divided into cash dividends and dividend reinvestment.

Ping An Bank sells a variety of fund products on a commission basis. Different funds have different risks, returns and investment directions. You can log in to Ping An Pocket Bank APP- Home-Financial Management-Fund Channel for information and purchase.

Tips:

1. Fund products are issued and managed by Fund Management Co., Ltd. Ping An Bank is only a consignment agency, and the consignment agency does not undertake the responsibility of product investment, redemption and risk management.

2. The above information is for reference only, and it is risky to enter the market, so investment should be cautious. Before making any investment, make sure that you fully understand the investment nature and risks involved in the product, and then judge whether to participate in the transaction by yourself after carefully understanding and evaluating the product.

Reply time: 2021-11-04. Please refer to the latest business changes announced by Ping An Bank in official website.