On-site funds refer to funds traded on the stock exchange. The fund trades according to the real-time market price and follows the principle of price priority and time priority. After the fund is traded, the income will be calculated. On-site funds T+ 1 trade, buy on the trading day and sell on the second trading day.
OTC funds refer to funds that are not traded on the stock exchange. The fund trades at T+ 1 Buying on the trading day is calculated according to the net value at the close of the buying day. Confirm the shares on the second trading day, and calculate the income after confirming the shares. There is only one transaction price for OTC funds every day.