Many investors who have just entered the stock market will encounter some difficulties in understanding the names of some targets when choosing investment targets, such as resource ETF. Do you know what resource ETF means?

What does resource ETF mean?

The so-called resource ETF refers to the ETF with the theme of developing listed companies with natural resources. ETF is the English abbreviation of transactional open-end fund. ETF is an open-end fund that can be listed and traded, and is usually used to track stock indexes. Fund companies will allocate ETF assets according to the stocks in the index, making the trend of ETF highly consistent with the performance of the index.

ETF is an on-site fund and can only be traded with stock accounts. Resource ETFs can be traded like stocks. The advantage of investing in ETF is that it can omit the process of stock selection.

The full name of resource ETF is Bosera SSE Natural Resources ETF, and the trading code is 5 104 10. At present, its top ten stocks are Zijin Mining, Shaanxi Coal, China Shenhua, Luoyang Molybdenum, Shandong Gold, China Petrochemical, China Petroleum, Huayou Cobalt, Northern Rare Earth and China Aluminum.