1.FOF is good at portfolio investment, relying on allocation to stabilize fluctuations and obtain excess returns, and is committed to obtaining the average return of market rise for investors on the premise of low retracement. The biggest difference with the development fund is that its investment scope is limited to other funds, and it indirectly holds large-scale assets such as stocks and bonds by holding other types of investment funds.
2. The full name is "listed open-end fund". Ordinary funds can only be purchased and redeemed, and LOF can be listed and traded in addition to the operation of ordinary funds. Every stock held by an investor can be redeemed and withdrawn on the market, or traded and sold to others on the market. On-site trading is only the circulation of shares, and the fund size remains unchanged. It is worth noting that if you want to trade on the floor, you need to have a stock account. Such funds can be purchased and redeemed through fund managers, banks and other consignment agencies, and can also be traded through stock exchange accounts.
3. The full name is "exchange traded fund", also called transactional open index fund. ETF positions will completely copy and track the constituent stocks of an index, which is a passive fund.
4. The subscription and redemption of 4.LOF and FOF are all cash transactions, but the subscription and redemption of ETF are all sub-stocks corresponding to the index, that is, ETF can be 100% Man Cang. Of course, ETFs also need stock accounts for floor trading.
1, etf is our most common fund, and it is an open-end fund that trades indexes. Etf is an open-end fund that can track an index and be listed on the exchange. Generally called OTC fund, the corresponding OTC fund is OTC fund. The advantage of OTC funds is that they can be bought and sold at any time, and the handling fee is low. OTC funds can only buy and sell the closing price of the fund's position portfolio on the same day, which is not flexible enough.
2.lof is a fund type initiated by China. The subscription and redemption of ETF can only be carried out on the exchange, and can only be traded on the floor. Lof can be carried out in both exchanges and consignment outlets.
3.fof fund refers to the fund in the fund (also called "parent fund"). The fund in the fund is a fund that first invests in other securities investment funds and then indirectly invests in securities assets such as stocks and bonds through other securities investment funds. Fof fund is a fund with securities investment fund as its investment target.