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What do you mean by OTC money fund and OTC money fund?
On-site funds refer to funds that can purchase, redeem and trade fund shares on the exchange (on-site market); OTC funds refer to funds that can only purchase and redeem fund shares outside the exchange. Generally speaking, one can purchase, redeem and trade with a stock account, and the other can only purchase and redeem fund shares outside the exchange. OTC funds can be bought through fund company accounts, bank counters, consignment platforms and other accounts, while OTC funds can only be purchased, redeemed and traded through stock accounts.

Tips:

1. The above contents are for reference only and do not make any suggestions;

2. Before investing, it is recommended that you first understand the risks existing in the project and have a clear understanding of the investors, investment institutions, chain activity and other information of the project, instead of blindly investing or straying into the capital market. Investment is risky, so be cautious when entering the market.

Response time: 2021-11-19. Please refer to the latest business changes announced by Ping An Bank in official website.