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What is an ETF fund?
The abbreviation of ETF (Exchange-traded Fund) is an open-end fund with variable fund share, which is listed on the exchange.

Characteristics of 0 1 ETF

1 ETF is an on-site fund.

Trading methods are the same as stocks, and they are traded in real time in stock accounts.

② ETF is an index fund.

The subscription and redemption mechanism of index funds is unique, and investors can only use a basket of stocks corresponding to the index for subscription or redemption.

ETF can also be purchased/redeemed directly from fund companies, but the threshold is usually 500,000 copies, starting from 6,543,800+00,000 copies.

③ Some ETFs have corresponding OTC linked funds.

OTC-linked funds have low investment threshold, so 1 yuan, 10 yuan can buy them. Such linked funds usually do not directly hold stocks, and more than 90% of their positions are corresponding ETFs, which makes it easier for investors who cannot directly purchase ETFs to participate.