There are more and more friends in investment funds, and institutions and platforms that sell funds can also be seen everywhere. So how does fund white buy funds? In which channel is it more cost-effective to buy funds? Summarize years of investment experience, sort out the fund purchase channels and advantages and disadvantages.
1. Fund purchase channels
At present, there are basically four channels for buying funds in the market. Fund company apps (websites), third-party fund sales companies apps (websites), securities companies apps (websites), and commercial bank apps (websites).
1. Fund company purchase.
Advantages: Easy to open an account, safe and reliable, low cost, clear and clear product introduction. At present, there are more than 190 licensed public fund companies approved by the China Securities Regulatory Commission, with a fund size of nearly 20 trillion yuan. It is very convenient for investors. As long as you register and open an account on the company's website and bind a bank card, you can buy funds after passing the risk assessment test.
Funds can also be purchased by downloading the Fund Company APP. Since it is a one-hand purchase of funds, no sales agency earns the difference, so it is the most cost-effective and safest to invest in fund companies to buy funds. The disadvantage is that it can only buy the fund products issued by the company, and the room for choosing investment varieties is relatively small. However, public fund companies that have been established for a long time have issued more products, which can basically meet the purchase needs of fund whites. The following are some of the public fund companies in order of incorporation:
List of the top 20 fund companies sorted by time of incorporation
2. Third-party fund sales company.
Advantages: Due to the third-party fund sales company and a number of fund companies signed cooperation agreements, fund products are rich, the choice is larger, many products can be unified management and view, redemption fee discount is larger. For example: Tiantian Fund Network, Alipay, Tencent Wealth Management, etc. can buy corporate funds signed with them; disadvantages: Due to too many fund products, the introduction and analysis of some products are not detailed enough, and investors do not have a deep enough understanding of the purchased funds. Unable to trade on the floor of closed-end funds;
3. Securities companies
Securities companies are an important channel for investors to buy funds. As long as you have a securities account, you can purchase certain fund products directly without having to open a separate account. Moreover, the fund products purchased are extremely rich, index funds, ETF funds, bond funds, wealth management products, etc. can be all accessible. Redemption procedures are relatively cheap, generally not more than 0.3%. The disadvantage is that if you buy an over-the-counter fund, the redemption is slower.
4. Banks purchase funds
Investors generally believe that it is safe and reliable to buy funds in banks, and all fund companies that sign consignment cooperation with banks are trustworthy. However, the disadvantages of buying funds from banks are also very obvious: First, the redemption fee is high. Among the many fund distribution agencies, the bank's sales fee is the highest. And no compromise. There is a kind of arrogance that is solipsistic. Second, it is impossible for banks to sign cooperation agreements with many fund companies, so the fund products sold on behalf of investors are very limited, and the opportunities for investors to choose fund varieties are limited. Third, the bank sales staff is not familiar with the fund products and cannot introduce the details of the fund products sold in detail. Investors cannot compare and analyze fund products; therefore, the author does not recommend purchasing funds through banking channels.
Summary: For small whites who have just entered the field of fund investment, it is strongly recommended to choose 1-2 top ten fund companies to buy funds, and there is no need for multi-institutional, multi-account fund investment.
Reminder: Investors need to pay attention to the fact that no matter what the relationship, what channel, you must not trust the funds recommended by individuals or unqualified institutions, or even directly transfer the money to individuals or institutions to buy funds on behalf of others, so as not to be deceived. In terms of investment and financial management, do not trust anyone, this is an unbreakable truth!