The cost of investing in index funds includes management fees and custody fees for holding index funds, as well as transaction fees for obtaining ETFs and index funds. As for management fees and custody fees, each fund will charge them, which has been reflected in the fund's net value.
In terms of transaction cost, if you buy and sell securities software in the secondary market, it only charges the same handling fee as stocks, and it is also exempt from stamp duty. All shares within 65,438+0,000 shares shall be charged by 5 yuan, and those less than 5 yuan shall be charged by 5 yuan. Although the current price is higher than the purchase price, there is a certain transaction cost in the transaction, and the general proportion should not be higher than 0.3%. .
For example, how to calculate the transaction cost of ETF? Suppose you buy 1 yuan for 1 ,000 ETF, how many breakeven will you sell? Do you still need to pay attention to the discount premium of ordinary transactions?
Investors do not need to pay stamp duty to buy and sell ETF shares in the secondary market, so the transaction cost is only the commission paid to brokers, and the proportion should not be higher than 0.3%. How much depends on the level of commission your own trading broker gives you.
Assuming that the commission level of 0.3% is taken as an example, the transaction cost of buying and selling ETF at one time is (buying amount+selling amount) *0.3%.
Suppose you buy 1 000 ETF shares at1yuan, and at least sell 1.006 yuan to break even.
For transactions in the secondary market, we should pay attention to the discount premium of ETF and try to buy at a discount, because the transaction price of ETF will still be close to its net value.