How to save fees when buying funds

For ordinary investors, funds are undoubtedly a financial tool with stable benefits and convenient investment. Recently, with the expansion of electronic marketing channels of fund companies, more and more investors can subscribe and subscribe for funds at preferential prices through the Internet. ICBC has also recently launched a special rate activity for regular fixed subscription funds. Brings a lot of real deals. However, many people are not clear about the "practical" issues of these investments in buying funds through the Internet, how to operate them, and what procedures are required.

"UnionPay" opens up the fund direct sales platform

Now most fund companies have set up online trading platforms, and the electronic sales model is gradually accepted by investors. Among the various sales channels of funds, the electronic direct selling platform of fund companies is not only convenient, but also has a high cost advantage. Many fund companies have implemented a preferential rate system for electronic transactions, with discounts ranging from 40% to 40%. , it can be said that this is still quite attractive to investors.

So if you like a fund and want to invest directly through electronic channels, what should you do? First of all, you need to open a fund account of a fund company. This can be done through electronic account opening from the fund company's website, or you can use the account you used to buy funds from a bank or a securities company or other agency.

When opening an account, the fund company's system will also require investors to enter a bank account number for transfer. At present, the most widely applicable is Chinapay's "UnionPay" business. Funds under 28 fund companies can use "UnionPay" for fund investment. Any bank card within the business scope of "UnionPay" can be used as the bank account you use when purchasing funds.

The next step is to select the fund products of the fund company and subscribe or subscribe for the fund. Enter the amount you want to subscribe or subscribe on the website of the fund company. After confirmation, it will automatically enter the payment interface of chinapay. You only need to submit your bank card account number and password. Investing in funds in this way can generally enjoy preferential rates for electronic trading by fund companies. If the subscription fee for a fund is 1.5% and the preferential fee for electronic trading is 40% off, then the actual subscription fee for your investment fund is 0.6% of the subscription amount. However, in addition to the subscription fee, investors using "UnionPay" investment funds need to pay a transfer fee, as detailed in the table below.

In addition, it should be noted that due to chinapay regulations, the daily transfer and payment amount of ordinary members cannot exceed 5,000 yuan, which means that when you use this business, the daily fund investment amount cannot exceed 5,000 yuan . To go beyond this limit, one way is to buy a CD of Chinapay's premium membership, and another way is to use an Industrial Bank debit card. Chinapay has a special channel for the Industrial Bank card investment fund. There is no limit to the daily transaction amount of investors. In addition, the Industrial Bank card has an advantage that even non-Shanghai investors can use the bank card to transfer funds for fund transactions.

Convenient bank card withholding discounts

In addition to "UnionPay", the "Yinjitong" and online deduction services developed by fund companies and banks can also help investors effectively realize fund investment. For example, Hua'an Fund Company and Minsheng Bank, Yinhua Fund and ICBC, Guolian An Fund and Minsheng Bank have established "Yinjitong" business. On the "Yinjitong" business platform, investors can also enjoy the direct sales of funds. Discounted rates.

Another payment method is bank debit. In addition to "UnionPay" and "Yinjitong", this is also a fund transfer method often used by fund companies. Specifically, fund companies usually list all the bank cards that can be used for debiting business. For example, many fund companies have established cooperative relationships with ICBC, China Construction Bank and China Merchants Bank. Recently, Agricultural Bank of China has also opened up several direct sales channels for fund companies. , you can choose according to your actual situation and make a bank card binding payment. The procedures for each fund company may be different. Some need to mail relevant materials to the fund company, while others can be set directly through the network and verified by the fund company. After completing these procedures and passing the review of the fund company, you can learn the relevant information of the fund through the website of the fund company, and conduct fund transactions, and the investment funds can be withdrawn from the bound bank account. Investing in funds in this way can also enjoy cheaper rates if fund companies set up electronic direct sales discounts. However, it should be reminded that there will be a certain delay in the payment of fund accounts from the withholding account. Usually, the fund transaction is officially successful only after the second or third working day after the successful deduction.

Compared with "UnionPay", "Yinjitong" and online deduction not only have cost advantages, and do not need to pay bank transfer fees; they also have more functions, such as using "Yinjitong" Investors with bank deduction methods can easily carry out the fund's fixed investment business, and can also make reservation transactions. These are not available in the "UnionPay" business.

ICBC's fixed investment funds also have discounts

The methods described above are all aimed at the online direct sales business of fund companies. For those who are accustomed to investing in funds through bank channels, ICBC has recently launched a fund investment fund. Promotions are worthy of investors' attention.

It is understood that there are two main highlights in ICBC's fund business promotion activities. First, a one-stop service for fund account opening on the ICBC website has been established. In the past, when investing in funds in banks, you had to go to the bank's counter for fund account opening and fund subscription and subscription during trading hours. For working people, it was difficult to arrange the time. come over. The one-stop service on the website eliminates the need for fund investors to go to the bank during working hours. As long as the online banking of ICBC is opened, they can open a fund account by themselves through the "fund channel" of the website anytime, anywhere, and conduct fund subscription and subscription. , redemption, conversion and many other operations. A total of 16 fund companies including ICBC Credit Suisse, Huaan, Guolian An, China Universal, Fuguo, Guohai Franklin, GF, Rongtong, BOC International, Xingye, Shenwan Paris, Baoying, Bosera, Galaxy, Lion, and Nanfang participated in the event. This activity is the first of its kind in the bank, and it is also very convenient for investors.

Another highlight is that investment funds from banks can also enjoy preferential rates. The ICBC jointly launched 12 fund products from 9 fund companies to launch the 2006 fund fixed investment business preferential activities. The activity stipulates that during the period from April 17, 2006 to September 30, 2006, investors who handle fund fixed investment business through ICBC will be deducted from the first instalment. Starting from the 13th period of deduction, the subscription rate of the fund they subscribe for is 10% off; starting from the first period of deduction, if the deduction is successful for 24 consecutive periods (two years), starting from the 25th period, the subscription rate is discounted 8% off. In other words, the longer the continuous investment time, the lower the fee rate paid. I believe everyone is familiar with the benefits of regular fixed investment funds, and regular fixed investment funds have both discounted rates, which is more beneficial for long-term investors.

Enjoy big investor privileges for group purchases

We can't help but mention the fund's online group purchase business. In the final analysis, fund group buying is to concentrate the power of small investors and obtain preferential treatment from large investors. Generally speaking, during the sales process of the fund, different rates are given for different investment amounts. The larger the investment amount, the lower the rate. In fund group buying, small and medium investors are gathered through the platform of the website to directly obtain preferential rates from fund companies or consignment outlets.

Taking the fund group purchase network as an example, the subscription rate of most funds is uniformly 0.3%, which is a great discount compared to the fund subscription rate standard in the market. If you want to participate in the fund group purchase, you must first apply for a user name on the website and pay a fee of about 200 yuan to register as a member. Then the agency or fund company that cooperates with the fund group purchase network will directly contact the investor, and the investment will be made through the agency or fund company, and the fund will be traded according to the rate standard in the market. After a period of time after the transaction is successful, the fund group purchase network will return the discounted part of the fee to the investor's bank account.

The First Wealth Management Network (www.amoney.com.cn), which has been committed to building a wealth management product library, has recently launched a preferential investment channel for fund products.

On this channel, investors can not only enjoy the subsidy discount on the rate, but also receive the professional membership services of First Financial Network for free. For example, for the subscription of two funds, Bosera No. 7 and Haifutong Enhanced Return, which were launched in the first event, if you make an appointment and register for the products through the first wealth management network, you can get three months of membership services. years of professional services. In terms of rates, First Wealth Management also subsidizes fund investors: if the investment amount is less than 1 million yuan, half of the subscription fee will be subsidized; if the subscription amount exceeds 1 million yuan, the first wealth network will fully subsidize the subscription fee. . It is reported that in mid-May, First Wealth Management will also launch a preferential subscription activity for GF Strategically-Optimized Hybrid Fund to provide fund investors with more discounts and services.