According to the different investment methods, ETFs can be divided into index funds and active management funds, and most of the ETFs abroad are index funds. At present, ETFs launched in China are also index funds.
The trading price of ETF index and the trend of fund share net value are basically consistent with the tracked index. Therefore, investors buying and selling an ETF is equivalent to buying and selling the index it tracks, and can get basically the same income as the index. Usually, it adopts a completely passive management mode, aiming at fitting an index, which has the characteristics of both stocks and index funds.
Extended data:
There is no subscription fee and redemption fee for ETF floor trading, and the transaction fee is charged according to the trading commission of the securities company, and no stamp duty is charged. Shanghai Investment Fund: the transaction fee is not higher than 2.5‰ of the transaction amount and not lower than 0.085‰ of the starting point, 5 yuan. Deep investment fund: not higher than 2.5‰ of the transaction amount and not lower than 0. 1.375 ‰ 5 yuan.
The subscription fee (1.5%) and redemption fee (0.5% per year for holding the fund) are charged for ETF OTC transactions. Generally speaking, the total cost of OTC trading is around 2%.
ETF fund transactions can be divided into over-the-counter transactions and over-the-counter transactions. If it is an over-the-counter transaction, there is no subscription or redemption fee. When trading, you only need to pay the commission of the securities company. If it is an over-the-counter transaction, the fund transaction needs to pay subscription fee and redemption fee. The general proportion is about 2% of the transaction amount. In addition, there are fund management fees and custody fees.
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