Closed-end index fund: it can be traded in the secondary market, but it cannot be purchased and redeemed. Open-end index funds: they cannot be traded in the secondary market, but they can be purchased and redeemed from fund companies. Index ETF: it can be traded in the secondary market, and it can also be purchased and redeemed, but the purchase and redemption must be in the form of portfolio securities. Index LOF: It can be traded in the secondary market or purchased and redeemed.

Index fund is a fund product that takes a specific index as the target index, takes the constituent stocks of the index as the investment object, builds a portfolio by purchasing all or part of the constituent stocks of the index, and tracks the performance of the target index. Index funds are divided into closed-end index funds, open-end index funds, index ETFs and index LOF, and different types of index funds have different trading rules.

Index funds need to open an account first. When choosing a fund to invest, you must investigate all the information of the fund. Secondly, when investing in funds, we must allocate them rationally, spread risks and avoid putting eggs in one basket; Finally, the fund investment should pay attention to the long-term investment policy.

Fund investment is a popular investment method. Generally speaking, compared with stock investment, fund investment income is less, but investors need to bear less risks. Moreover, in the eyes of most investors, fund investment is a long-term investment product, and it takes time to get considerable returns.

For novice investors, the introduction and skills of the fund are as follows:

First, investment funds need to open an account. The common channels for fund purchase are fund company official website, banks and third-party fund sales platforms. No matter which platform you buy fund products through, you need to open an account

When choosing a fund to invest in, we must investigate all the information of the fund, including the fund manager and the historical income of the fund, so as to make a general evaluation of the fund first.

When investing in funds, you must allocate them rationally and spread risks. Don't put your eggs in one basket. Among many fund products, money funds have the lowest risks and returns, followed by bond funds, and the risks of hybrid funds and equity funds are relatively high.

Fund investment should pay attention to the long-term investment policy, such as the fixed investment of the fund, and the general long-term investment fund can maximize the income.

Fund units buy and sell in different ways. When a closed-end fund is initiated, investors can subscribe to the fund management company or sales organization; When closed-end funds are listed and traded, investors can entrust brokers to buy and sell at market prices on the stock exchange. When investors invest in open-end funds, they can purchase or redeem them from fund management companies or sales organizations at any time.

The buying price and selling price of fund units are formed in different ways. Because closed-end funds are listed on the exchange, their buying and selling prices are greatly influenced by the relationship between market supply and demand. When the market supply is less than the demand, the buying and selling price of the fund unit may be higher than the net asset value of each fund unit, and then the fund assets owned by investors will increase; When the market supply exceeds demand, the fund price may be lower than the net asset value of each fund unit.