lof means that after the issuance of listed open-end funds, investors can purchase and redeem fund shares at designated outlets or buy and sell the funds on exchanges.

LOF is a listed open-end fund, that is, after the issuance of the listed open-end fund, investors can purchase and redeem the fund shares at designated outlets, or buy and sell the fund on the exchange. However, if investors want to sell their fund shares online, they must go through certain transfer custody procedures. Similarly, if you want to redeem the fund shares bought online on the exchange and want to redeem them at the designated outlets, you must also go through certain transfer custody procedures.

Different from general open-end funds, investors can purchase and redeem funds through direct selling institutions of fund companies, or through consignment banks and brokers, which is called over-the-counter trading. You can also trade LOF shares through the exchange like buying and selling stocks, that is, on-site trading.

Small coup to buy funds

At present, there are many financial platforms that provide fund buying services. You can operate the mobile phone by installing the provided mobile phone software on your smartphone. You only need to buy a fund with the services provided by a company that you like better after comparison.

There will be some information on each software, and you can check the recent hot spots. However, as soon as these hot spots appear, it may be too late to start with the relevant funds, so you should make a reasonable judgment. It is necessary to check which stocks are held by the fund to be purchased, and how the profits and losses have been in recent months and years, and make judgments. At the beginning, spend a small amount of money (the fund can increase its holdings at any time) to buy several funds, understand the fund operation process and some laws of these funds, and generally buy several familiar funds.