Not necessarily. There are open-end funds and closed-end funds in the venue. Some closed-end funds will be traded on the stock exchange, while ETF funds and LOF funds are both open-end funds.

Open-end fund refers to open-end fund, which is not closed and investors can purchase and redeem it at any time. Closed-end funds are closed-end funds with a fixed closed-end period, during which transactions cannot be conducted. If the fund is traded on the stock exchange, it can be traded.