What are the advantages of buying a fund in a bank?

At present, there are many channels to buy funds, including fund companies and fund consignment platforms, such as brokers, banks and Alipay. So what are the benefits of buying a fund in a bank? Can the bank withdraw money from the fund at any time? The following is analyzed by Xi Cai Jun:

What are the advantages of buying a fund in a bank?

1, with high security.

Banks are credit institutions, with a relatively high degree of credit, and fund investors are more at ease in buying funds in banks. It is guaranteed to handle relevant business in banks, and it is subject to the supervision and management of banks and relevant regulatory agencies.

2. Have professional guidance.

Banks still attach great importance to consignment business, and have also increased training and supervision in this area. Therefore, fund managers and financial managers of banks often take part in some trainings and exams to have a better understanding of the changing trend of the stock market and fund products. And has rich trading experience, can provide professional guidance and services for investors, and recommend according to investors' own development tolerance, which is more reliable than investors' own choice of funds.

Step 3 be more selective

There are many kinds of funds sold by banks, and investors have many choices. Banks generally choose better funds to invest in users.

4. There are more credit lines.

Buying a fund in a bank is an asset of a bank card. If you buy more, the bank may give you more loans. If the funds are purchased in other places and the funds are not in the bank, then there is no such credit line.

There is generally no discount for buying funds in banks, so the handling fee is higher than that for buying funds in other channels.

Can the bank withdraw money from the fund at any time?

You can't.

Funds purchased in banks are generally OTC funds, and OTC funds cannot be redeemed before the fund confirms its share. For example, if an investor buys a fund before 3 pm on the trading day, the fund share will be confirmed on the next trading day, and the investor can at least redeem it on the next trading day. If investors buy closed-end funds, they can only redeem them after the closed-end period.