Yes, after the transfer to custody, the market outlook is calculated at the spot price. If the price of on-site funds is higher than that of off-site funds, investors will have a premium income. If the on-site fund price is lower than the off-site fund net value, investors will lose a little when they transfer custody.

The reason why the on-site fund has a premium and a discount is precisely because: no matter whether it is purchased on-site or off-site, it is the same fund. Theoretically, the transaction price and fund net value should be the same. However, the funds in the market are affected by the purchase order, so they are divided into:

1. On-site premium: assuming fund A, when the net fund value is 1 yuan and the on-site price is 1 1 yuan, the bid-ask price > the net fund value is the on-site premium; At this time, if it is transferred to venue sales, there will be a price difference of 0. 1 yuan, and after deducting the related expenses of transaction costs, it is the earned income. However, floor trading needs to be alert to premium risks. If the market price is significantly higher than the net value of the fund share, investors may suffer losses when chasing high in the market at this time.

2. On-site discount: Assuming fund A, when the net value of the fund is 1 yuan and the on-site price is 0.9 yuan, it is the buying and selling price.