T+0 is a securities trading system commonly used in the world. Generally speaking, securities purchased on the same day can be sold on the same day. So what are the T+0 funds?

What sections are included?

What are the t+0 funds?

1. Exchange-traded currency funds. On-exchange currency funds refer to currency funds that use A-share trading accounts to subscribe, redeem or trade. The biggest difference from ordinary currency funds is that on-exchange currency funds target idle funds in on-exchange stock accounts.

, when investors have idle funds in their stock accounts, they can allocate on-site currency funds to increase expected annualized expected returns. Similarly, because the fund utilization efficiency of on-site currency funds is extremely high, when other investment opportunities exist, investors can also

On-market currency funds can be liquidated quickly without delaying investment opportunities.

Exchange-traded money funds can be divided into trading-type exchange-traded funds and subscription-and-redemption-type exchange-traded money funds according to whether they are listed for trading.

2. Funds that track overseas capital markets. In order to facilitate domestic investors to invest in overseas market indices or commodities such as Europe and the United States, some innovative cross-border fund products have appeared on the market. Some of these products are through the QDII channel, and some are through the Shanghai-Hong Kong Stock Connect channel.

Track overseas indices.

Like ordinary funds, these cross-border funds can be subscribed, redeemed, or bought and sold. Starting from January 19, 2015, these types of funds have been liberalized for T+0 trading, which has greatly increased the activity of related types.

Integrating with foreign trading mechanisms has improved the efficiency of pricing and has become a new important tool for intraday trading.

3. Gold ETF Gold ETF fund (Exchange Traded Fund) refers to a financial derivative product that uses gold as the underlying asset and tracks the fluctuations in spot gold prices.

The operating principle of gold ETF funds is: large gold producers consign physical gold to fund companies, and then fund companies rely on this physical gold to publicly issue fund shares on the exchange and sell them to various investors. Commercial banks respectively

Acting as the fund custodian and physical custodian, investors can freely redeem the fund during the duration of the fund.

Simply put, purchasing fund shares is equivalent to holding spot gold.

Therefore, gold funds provide investors with a channel to participate in gold investments, and investors can also obtain arbitrage opportunities through secondary market transactions.

4. Bond ETF Bond ETF is an index fund composed of a basket of deliverable bonds and listed and traded on the stock exchange.

Bond ETFs support T+0 trading, but considering their poor liquidity, they are not recommended as the main variety for intraday trading.

5. Convertible bonds Convertible bonds are a type of bond that can be converted into shares of the bond-issuing company and usually have a lower expected annual coupon rate.

Essentially, a convertible bond is a corporate bond issued with an option attached that allows the purchaser to convert the bond purchased into shares of a specified company within a specified time frame.

6. Shanghai Graded Fund Alternative T+0 Graded Fund, as an innovative fund variety, has seen its market scale continue to grow in recent years with its rich gameplay.

Both the sub-shares of the Shanghai Stock Exchange's hierarchical funds and the parent fund shares can be listed and traded (only the sub-shares in Shenzhen can be listed and traded, and the parent fund needs to be subscribed and redeemed). Under normal circumstances, it is a T+1 trading mechanism, but with the help of the parent fund purchased by the Shanghai Stock Exchange on the same day

Shares can be split and sold on the same day, or the sub-shares purchased on the same day can be combined into a system of parent funds and sold on the same day, thus enabling disguised T+0 transactions.

7. Other derivatives. Since derivatives are subject to policy restrictions, this is only an introduction. However, these investment tools can help you achieve asset appreciation in various market environments, so please pay close attention. For details, please consult your financial manager or account opening business.

department.