OTC funds refer to funds that are not traded on the stock exchange. The fund trades at T+ 1 Buy on the trading day, and confirm the share on the second trading day according to the net value at the close of the buying day. There is only one transaction price for OTC funds every day.
On-site funds refer to funds traded on the stock exchange. T+ 1 trading of this fund can be bought on the trading day and sold on the second trading day. The transaction is conducted according to the real-time market price, following the principle of price priority and time priority, and the income is calculated after the transaction is completed.