Handling fee for online cash subscription of ETF funds

ETF**.com is the first third-party research-based portal focusing on indexed investment in China, aiming to provide a full range of professional information, data, research and application services for individual investors or institutional investors who follow and invest in ETF** (index**).

2. There is a risk in entering the market, and investment needs to be cautious.

Different sales departments have different commission ratios, and very few sales departments also charge 1-5 yuan per commission (communication) fee.

The transaction commission is generally the amount of online transactions that buy and sell, the transaction of the sales department is high, and the price can be bargained. The minimum commission for each transaction is 5 yuan, the stamp duty is the amount of the sale, and the warrants are tax-free), and the transfer fee is 1 yuan per 1,000 shares in Shanghai (**, the warrants are exempt from transfer fees), and less than 1,000 shares are calculated as 1,000 shares.

Since the minimum commission per transaction is $5, it is more cost-effective to have a commission rate of $5 per transaction, which is about ($1666 5000).

If there is no commission fee, and the minimum commission and transfer fee are not considered, the commission is calculated according to the stamp duty unilaterally, after buying, selling above **, you can make a profit.

Buying is based on 100 shares (one lot) as the trading unit, and there is no limit on selling (when the number of shares is greater than 100 shares, you can sell 1 share and 1 share, and when it is less than 100 shares, you can only sell at one time.) However, you should pay attention to the minimum commission (5 yuan) and transfer fee (Shanghai, minimum 1 yuan).

There is generally no charge for the order to be unfilled or cancelled.

The cost price of the online trading system is for reference only, and you can see the specific details of the handling fee and the cost or amount of funds received after selling in the "Historical Transaction" or "Delivery Order" column of the online trading on the next day.

If there is no special agreement, the rate of commission is the same as that of buying and selling ETFs** and LOFs**, and the commission rate is the same.

Trading rules: the implementation of the T1 trading mode (the same day, the second trading day can be sold), the starting point of the transaction is 100 shares, each time ** must be an integer multiple of 100 shares, follow the principle of time first, **priority trading.

Transaction fees: The fees charged by each ** company are different and will not exceed 3 of the transaction amount. The minimum $5 for a single transaction is $5.

Fund, English as fund, generally refers to a certain amount of ** set up for a certain purpose. It mainly includes trust investment**, provident fund, insurance**, retirement** and various **will**. From an accounting perspective, money is a narrow concept that refers to money that has a specific purpose and purpose.

When we say **, we mainly mean**investment**.

For on-exchange ETFs, the ETF handling fee is not higher than the transaction amount or starts at 5 yuan, that is, 5 yuan will be charged when the transaction fee is less than 5 yuan, and no more than 5 yuan will be charged when the transaction fee is not higher than the transaction amount, depending on the specific regulations of ** company. For OTC ETFs, subscription fees and redemption fees are charged, with most** total fees being less than 2% of the transaction amount.

Many investors are interested in the index**.

Soft spots, especially for subscription and redemption with traditional open-ended**.

There are three forms: online cash subscription, offline cash subscription and offline ** subscription, so what is the difference between ETF online cash subscription and offline cash subscription?

1. Subscription channels

ETFs are on-exchange**.

The way to subscribe is similar to buying**. The so-called online and offline are not the Internet in the general sense, but exchanges.

online trading system. The main difference between the two is that the online subscription of Sun Jin is submitted through the counter of the company's business department, the entrustment and the online trading system network, and investors can cancel the subscription application during the trading hours of the day after the application is submitted.

After submitting the subscription application, the company will submit the subscription information and online cash subscription together in the last three days.

2. Allocation of wild rock funds

After submitting the subscription instruction for online cash subscription, the subscription funds will be frozen in real time, and the funds will be cleared and deducted on the same day. Online cash subscription is only frozen, not transferred, and will only be transferred to the ** special account after the deadline for offline cash subscription.

3. Subscription shares

The minimum share of online cash subscription and offline cash subscription is 1,000 shares, which is converted into 1,000 yuan.

4. Interest calculation

Whether it is online cash subscription or offline cash subscription, the interest generated before the establishment of ** will be included in the ** property.

5. Subscription time

The offline cash subscription time is the entire issuance period, while the online cash subscription date is generally only the last three days.

ETF** generally refers to an exchange-traded index **. An exchange-traded open-ended index**, also commonly known as an Exchange Traded Fund (ETF), is an open-ended index that is listed and traded on an exchange with variable shares.

ETF** fees are relatively low, only need to pay the transaction commission, not greater than the transaction amount depending on the specific exchange, generally less, if the commission is less than 5 yuan as 5 yuan, no stamp duty.

**Under different sales channels, the relevant handling fees are also different, and it is best to choose a transaction method with a lower rate, so do you know how much the transaction fee is in the market? What is the difference between on-field and off-field?

Floor Trading:

The floor trading price is real-time, that is, the ** you bought at that time is how much is how much, and the ** transaction is the same reason. Like the over-the-counter subscription, the on-site purchase can also be dividends, but there is a difference, the ** dividend purchased on the market can only be cash dividends, and cannot be reinvested in dividends, while off-site dividends can be reinvested. It can be redeemed, purchased on the market, or redeemed on the market, and the redemption is based on the net value of the day announced by the company after the market closes**.

**(** method) is different from subscription (** method), selling and redeeming.

Advantages of Floor Trading:

First, the transaction fee is low, and the entry and exit fees are only, which is much cheaper than that of banks and online direct sales; Second, the funds arrive quickly (available on T day, T +1 is desirable), and the time cost and opportunity cost are more advantageous; Third, the transaction method is flexible and convenient, you can trade in the business department of the company, and you can use the network to operate at home or in the office; Fourth, it is more conducive to band operation: seize opportunities in time and quickly avoid risks.

Calculation of rates for on-site and off-site:

1) Field**: In fact, it is **transaction, and the rate is generally waiting, with a minimum of 5 yuan for a single transaction.

Calculation formula: Assuming that the total investment amount is A, and the single investment is B, (the current rate is generally 10,000 3, because the single investment amount is generally less than 10,000 yuan, so the minimum 5 yuan is calculated.) ）

The investment fee is: a b*5

2) OTC**: Now all platforms basically have the problem of 1% off the rate, which is about 1,000 and the redemption fee is thousand, and the redemption fee is free for more than two years.

Calculation formula: Assuming that the total investment amount is A, and the single investment is B, ignoring the problem of no redemption fee, the investment fee is: A*

Based on the above two points, the preliminary estimate is that when b》=, it is cost-effective to purchase the ** rate in the market.

In fact, considering the initial investment, there is a problem of no redemption fee for more than two years, and when the fixed investment amount is less than 1,500 yuan, it is more cost-effective to purchase over-the-counter ** in terms of rate. Instead of buying the market ** is the cheapest as some authors say.

ETF** Trading Rules:

1. The ** shares subscribed on the same day can be sold on the same day, but cannot be redeemed.

2. The ** share of the same day can be redeemed on the same day, but it cannot be sold.

3. The ** redeemed on the same day can be sold on the same day, but it cannot be used to subscribe for ** shares.

4. The ** on the same day can be used to subscribe for ** shares, but it cannot be sold.

Since ETFs are trading in a more open way, there are certain risks associated with buying and selling ETFs, and investors with no market experience need to be cautious about buying and selling.

ETF** Trading Rules:

When buying and selling ETFs**, you should pay attention to:

1. Because ETF** is traded on the floor, it is the same as **. If there is not enough transaction volume every day, it means that there are not many buyers and sellers of this **, which may lead to your **transaction being unsuccessful.

2. ETF** is the index**, and the rise and fall track the performance of the index. **The quality of performance depends on the index, and the error of tracking the index is very important. Therefore, when choosing an ETF**, you should also pay attention to the tracking error of the ETF**.

3. When the ETF secondary market transaction deviates from the net value of the share, that is, when there is a discount or premium, investors can arbitrage between the primary market, the secondary market and the spot market to obtain risk-free returns.

Hello. ETFs are indexes** that are listed on an exchange.

Generally, it is the same as the transaction commission of **.

Dear users, due to the restrictions of the investment consulting business rules, we can only provide the best analysis and specific investment advice to the customers who have opened accounts with our company.

** and sell are to be collected.

There is no stamp duty at the time of sale.

However, the commission of each ** company is different, and you may need to ask the customer service of your account opening ** company to know.

Questions. Hello, I would like to consult, my "double 50" cost is, hold 1800 shares, and now sell at the market price, how to calculate the handling fee?

Or sell.

If you sell, yes.

Questions. The holding time is one month.

Off the field or on the field.

Send me a message?

**Target**.

Questions. Inside the field.

The venue does not look at the holding period.

The fee is calculated in the same way as **. Questions.

Transaction amount * number of shares traded * commission rate.

Commission rates. You have to ask the broker for this commission rate.

Questions. However, after I sold the original principal of more than 1,000, only a few hundred returned to the account.

Dear users, due to the restrictions of the investment consulting business rules, we can only provide the best analysis and specific investment advice to the customers who have opened accounts with our company.

If the commission is at least $5, it should be returned to the account.

You have to ask the brokerage what is going on.

It won't be such a high commission.

Questions. Oh, thank you.

Well, you check with customer service.

After general identity verification, you can check the transaction details.

Transaction fees for ETF**, LOF**, and closed-ended**, passed.

Secondary market transactions.

The fees charged are mainly commissions, and if ETF** and LOF** adopt the transaction method of subscription and redemption, they will be charged according to the subscription fee and redemption fee.

The three varieties generally cannot be bought and sold on the same day, and the secondary market trading rules refer to **. (Another.)

No stamp duty).

There are two main ways to subscribe to ETFs in cash:

1. You can follow the ** net value of the day.

Subscribe to ** managers, but the minimum subscription share of ETFs is usually relatively large, and it is difficult for ordinary investors to subscribe through this delay.

2. It can also be on ** exchange.

Directly trading with other investors, the transaction process is similar to the transaction of **, the transaction is determined by both the buyer and the seller, and this ** is often different from the net value at that time.

It is understood that ETFs are open-ended**.

A special type that combines a closed type**.

and open** operational features.

There are two main ways in which fees are charged for buying and selling ETFs**, depending on whether the transaction is made on-exchange or off-exchange, as follows:

1. Floor trading. ETF** is traded in the exchange, that is, in the secondary market, you need to open a trading account, when buying and selling ETF****, the transaction fee is similar to that of buying and selling**, and you only need to pay the transaction fee to the **company. According to the regulations, the upper limit of the commission ratio does not exceed three thousandths of the transaction amount, and the lowest is 5 yuan.

Under normal circumstances, the brokerage will give a discount to the customer with a large amount of funds and trading volume to reduce the commission rate, and we can apply for it by ourselves.

2. Over-the-counter transactions. In over-the-counter trading, you need to pay subscription fees, redemption fees, as well as management fees, custody fees, sales service fees and other fees, and the fees charged by different charging models** are different. The over-the-counter (OTC**) charging model is generally divided into front-end mode and back-end mode, i.e., Class A and Class C

For Class A**, it is subject to subscription fees and redemption fees; For Class C**, there is no subscription fee, and the redemption fee is waived for holding for more than 7 days, but a sales service fee is charged.

Overall, there are advantages to buying ETFs** both on and off the exchange. OTC ETFs** can be purchased through banks, Alipay and other channels, which is more convenient; Exchange ETFs** have lower transaction fees and cost advantages.