Etf fund, the full name of which is transactional open-end index fund, is an open-end fund with variable fund share, which is listed and traded on the exchange. It combines the operating characteristics of closed-end funds and open-end funds. Investors can buy or redeem fund shares from fund companies and buy and sell etf shares in the secondary market at the market price.

What are the etf funds t+0?

Including money etf fund, bond etf fund, gold etf fund, cross-border etf fund and commodity futures etf fund. T+0 trading system, also known as "intraday revolving trading", refers to the securities bought by investors, which are sold in whole or in part after the transaction is confirmed and before the settlement is completed.

Simply put, investors can buy securities on the same day with the funds obtained from selling securities on the same day, and the securities bought on the same day can be sold on the same day.

Transaction costs of etf funds:

1 etf fund floor transaction fee

According to the trading commission of the securities company, there is no stamp duty and transfer fees, no subscription fee and redemption fee. However, the fees charged by various securities companies are different, which will not exceed 3‰ of the transaction amount, and the single minimum 5 yuan.

2 OTC etf fund transaction costs

Collect subscription fee (1.5%) and redemption fee (less than 1 0.5% of the fund). Generally speaking, the total cost of OTC trading is around 2%. As for management fees and custody fees, each fund will collect them, which is directly reflected in the net value of the fund.

The above are some contents about etf funds, so you can pay attention to them.