Open-end securities investment funds listed and traded on the exchange can purchase and redeem the funds with net value through the fund manager or the sales organization entrusted by the fund manager, or buy and sell the funds through the exchange market at the transaction price set by the trading system.

According to whether it can be listed on the stock exchange, securities investment funds can be divided into listed funds and unlisted funds. Listed funds refer to securities investment funds whose fund shares are listed on the stock exchange. For example, transactional open-end index funds (ETFs), listed open-end funds (lof) and closed-end funds.

Extended data:

When investors intend to redeem their funds, they can bring the debit card and fund trading card of the opening bank, and also fill in and submit the transaction application form before 3: 00 pm. After being accepted at the counter, investors can inquire and redeem the fund after five days.

If trading investors need to cancel trading, they can bring their fund trading card and bank debit card to the counter before the trading day 15, fill in the trading application form and indicate the cancellation of trading. If it is after 15, some banks can make an appointment for trading according to the quotation of the day and trade the next working day. Almost all banks and fund management companies support online trading funds.