What does Bond ·LOF mean?
The bond LOF is actually not a bond, but a bond fund. LOF is called ListedOpen-EndedFund in English, which refers to listed open-end funds. It is an open-end fund, which can be traded on and off the market at the same time, and can be linked to the off-market through the transfer custody mechanism. It can apply for redemption on and off the market, and it can also trade freely with other investors.
When buying LOF bonds, we need to pay attention to the transaction costs, especially the redemption costs. If it is an over-the-counter transaction, if it is held for a short time, there will usually be an excessive redemption fee. However, the longer our fund is held and reaches a certain standard, then it is possible to get rid of the redemption fee.
On-floor trading is more suitable for investors who have time and energy. They can always pay attention to price changes and find better prices to buy. If it is a short-term or long-term holder who can control himself from the influence of price, then it is recommended to compare the funds in the market.
Fund investment experience is not much, and novices who don't know much about funds can consider counter purchase. Moreover, the net value of the fund will only be liquidated after the close every day. It only needs to look at the net value and income at night, and it doesn't take a lot of time and energy to look at the market, which is suitable for office workers.