LOF fund belongs to a special fund market, which can be traded on or off the market. It refers to listed open-end funds. After the fund is issued, investors can purchase and redeem fund shares at designated outlets or buy and sell funds on the exchange. Then, can the LOF fund bought in the market be converted into an OTC LOF fund?

Can LOF funds be transferred from venues to venues?

After the conversion is successful, LOF funds can be transferred over the counter and traded in accordance with the rules of over-the-counter trading. LOF funds are settled off-site, and the share remains unchanged before and after the conversion. The share transferred to the fund has nothing to do with the off-exchange value of the fund and the on-exchange market price.

LOF OTC fund transfer refers to the conversion of OTC public offering fund (LOF) shares subscribed by individual customers into OTC fund shares within the time specified by the exchange for customers to trade on the market.

LOF fund floor trading rules:

When buying and selling LOF funds through the trading system of Shenzhen Stock Exchange, the declared number of purchases is 100 or its integer multiple, the minimum change unit of the declared price is 0.00 1 yuan, and the fluctuation ratio is 10%. The transaction fee is charged according to the commission charged by the stock.

LOF fund OTC trading rules:

LOF is generally 65,438+0,000 through the subscription and redemption of fund managers or consignment agencies, depending on the subscription page.

The trading of ETF, LOF and REITs follows the same rules as stocks. Cross-border LOF funds in Shanghai stock market are bought on T day and can be redeemed on T day. Cross-border LOF funds in Shenzhen can be bought on T day and redeemed on T+ 1 day.