The average etf fee is only 1.5 ‰, and there is no minimum limit of five yuan, there is no need for stamp duty, and the investment cost is greatly reduced compared with the rate of other funds.
Secondly, index funds are traded with fund companies, and there is no trading time limit in addition to limiting or suspending large purchases and redemptions.
Traditional open-ended funds pay an annual management fee of about 1.0% to 1.5%, much higher than the management fee of ETFs (about 0.3% to 0.5%); In addition, the traditional open-end fund needs to pay a fee of about 1% when purchasing, and a fee of about 0.5% when redeemable.