When investing in index funds, we should consider how to obtain the highest returns, but we should not ignore the benefits brought by reducing investment costs. Choosing a more economical index fund when the amount of funds is relatively large can often help us save a lot of money. But how to save money by investing in index funds? How to invest in index funds to save costs? Let's learn together.
There are various fees for our investment in index funds. Generally speaking, there are three main fees for investment in index funds
1. Subscription fee: It was collected when we bought it. It is recommended that you choose a platform with a discount for subscription, and the subscription fee of some platforms should be reduced by 10%. So we try to choose a platform subscription fund with a discount. If the amount of funds is large, a discount of 10% can save a lot of money.
2. Redemption fee: generally, there is no discount for the redemption fee. The redemption rate of the index fund is usually 0.5%, but if it is a short-term purchase and redemption, the rate is relatively high, not less than 1.5%, so we
