What does the new energy vehicle lof mean?
Lof Fund for New Energy Vehicles is an index fund that tracks the CSI New Energy Vehicle Index. LOF fund refers to listed open-end fund. The related introduction is as follows: 1. Difference: It is different from other funds in that most funds can only invest on or off the market, and can purchase and redeem fund shares at designated outlets or buy and sell funds on exchanges. Realize the off-site conversion of funds through the mechanism of product share transfer custody. 2. Reflection: Index funds essentially track an index by copying its constituent stocks. CSI New Energy Automobile Industry Index selects listed companies whose A-share business in Shanghai and Shenzhen involves the new energy automobile industry as samples, reflecting the overall performance of the new energy automobile industry.