How to buy a fund at a low rate?
In fact, different channels have different discounts for buying foundations, and their handling fees will be a little different. If the fund sells directly, the subscription fee for online transactions is generally 40-60%, which is relatively high, while the fund sells on commission: like banks and brokers, it is generally 60%, and some discounts are not very transparent and expensive.
There are also third-party platforms for wealth management, such as Alipay, WeChat and Tian Tian Fund. These offers are relatively strong, basically 10% off, and the fund rate is relatively low.
Judging from the redemption rate, management fee and custody fee, in fact, all channels are similar. Therefore, from the above aspects, the financial incentives for third-party platform funds are slightly larger, basically 10% off.
How to sell funds to save money?
The selling rate of funds is related to time. Generally, the longer you hold it, the cheaper it is. Take the frontier pharmaceutical A shares of ICBC Credit Suisse as an example. Details of its selling price are as follows:
Less than 7 days: 1.50%
More than or equal to 7 days and less than 30 days: 0.75%
More than or equal to 30 days and less than 1 year: 0.50%
More than or equal to 1 year and less than 2 years: 0.30%
2 years or more: 0.00%
Therefore, the longer the holding period, the cheaper and more economical the selling interest rate, and the fund is a wealth management product suitable for long-term holding.