ETF funds generally refer to transactional open-end index funds: transactional open-end index funds, also commonly known as exchange-traded funds (ETFs), are open-end funds listed and traded on exchanges with variable fund shares.

The traditional ETF trading mechanism has two layers: first, investors can purchase and redeem ETF shares in the primary market in the form of portfolio securities during trading hours; Secondly, in the secondary market, ETFs are listed on the exchange, and investors can buy and sell ETF shares at the market price.

Tips: The above contents are for reference only, and no suggestions are made. Specifically, the official reply of the corresponding fund company shall prevail. There are risks in entering the market, so investment needs to be cautious.

Response time: 2021-10-12. Please refer to the latest business changes announced by Ping An Bank in official website.

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