In the primary market, the minimum subscription and redemption unit of exchange-traded funds is generally 500,000 or 6,543.8+0,000, which is irrevocable after subscription or redemption;

However, transactions in the secondary market are similar to closed-end funds and follow the following trading rules:

1. The opening reference price of the fund on the first day of listing is the net value of the fund share on the previous working day;

2. The Fund is subject to price limit of 65,438+00%, which will be implemented from the first day of listing;

3. The number of fund subscription declarations is 65,438+000 or its integral multiple, and the part less than 65,438+000 can be sold;

4. The minimum change unit of the declared price of the Fund is 0.00 1 yuan.

Trading rules of on-site ETF funds:

1. The fund shares subscribed on the same day can be sold, but cannot be redeemed.

2. The fund shares bought on the same day can be redeemed on the same day, but they cannot be sold.

3. The securities redeemed on the same day can be sold on the same day, but they shall not be used to purchase fund shares.

4. The securities bought on the same day can be used to buy fund shares on the same day, but they cannot be sold.

Tips: The above contents are for reference only, and the investment is risky, so you should be careful in your choice.

Reply time: 202 1-06-22. Please refer to the latest business changes announced by Ping An Bank in official website.

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