Harvest CSI 300 is a newly established LOF fund, while the recently publicly issued ETF and harvest fund CSI 300ETF are cross-market ETF funds.

LOF is similar to ETF, which has both over-the-counter trading and on-site trading, and at the same time provides investors with the possibility of arbitrage.

The difference between the two is that, first, ETF is essentially an index open-end fund and a passive management fund. LOF, on the other hand, is an ordinary open-end fund, which increases the trading methods of the exchange. It may be an index fund or an actively managed fund. In addition, when buying and redeeming, ETF shares and "a basket" of stocks, while LOF exchanges cash. In the secondary market, ETF provides a net quotation of funds every 15 seconds, and LOF provides a net quotation of funds every day.