Public Offering of Fund includes OTC funds and OTC funds, so there are OTC funds in Public Offering of Fund. Public Offering of Fund refers to funds that are publicly issued to all investors, which are simply funds that ordinary investors can buy, while OTC funds include ETF funds, closed-end funds and OTC LOF funds.

Investors need to open an on-site fund account or a stock account on the brokerage platform in order to purchase publicly raised on-site funds. Like stocks, publicly issued floor funds follow the principle of price priority and time priority, and trade at real-time market prices.

OTC funds offered publicly include money funds, bond funds, hybrid funds, stock funds and index funds. Investors can buy in fund companies or third-party trading platforms. Every transaction of public offering OTC funds is calculated according to the closing net value, and there is only one transaction price on each trading day.