Current location - Trademark Inquiry Complete Network - Tian Tian Fund - How are off-exchange funds divided?
How are off-exchange funds divided?
Among on-exchange funds and off-exchange funds, "field" refers to the exchange, so it is the fund inside the exchange and also the fund outside the exchange.

Distinguish from the purchase channel:

On-site funds are generally purchased on exchanges and need stock accounts, mainly some ETF funds. Off-exchange funds are purchased on platforms such as brokers, banks, fund companies, Alipay and WeChat.

Distinguish from the way of purchase:

On-site funds need to be bought and sold in trading software using stock accounts; OTC funds need to use the fund account for subscription and redemption.

The difference from buying an APP:

For example, the ETF listed in the stock search column on the brokerage APP is the on-site fund, while the fund searched on the brokerage finance menu bar is the off-site fund.

In addition to the above, investors can also distinguish between on-site and off-site funds from transaction costs and transaction prices after purchase. Tip: The above classification method does not include LOF funds. It can be bought and sold in the market, and it can also be bought and redeemed outside the market.