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LOF fund subscription amount and ETF fund (don’t enter if you are not an expert)

Haha, I don’t hesitate to ask anonymously for the sake of experts. It’s interesting that LOF is no different from ordinary open-end funds, except that it can be traded in the secondary market.

How about the general open-ended subscription and redemption, so does he.

Redemption is also T+5, and subscription confirmation is also T+2.

The trading rules in the secondary market are the same as those for closed-end funds.

You also want to subscribe and redeem ETFs. You are so brave. Small investors can just buy and sell them in the secondary market.

For subscription and redemption in the primary market, the minimum capital is 1 million, and it is not just about having money. Your 1 million must be a basket of stocks of equal value, and when you redeem, the company will still give you a basket of stocks of equal value.

, to make a profit, these stocks must be sold in the secondary market.

This is clearly stated in the recruitment letter.

You have more than a million dollars to try.