Open-end funds are also called * * * mutual funds abroad, that is, after the issuance of listed open-end funds, investors can purchase and redeem fund shares at designated outlets or buy and sell the funds on exchanges. However, if the investor wants to sell the fund shares purchased at the designated outlets, he must go through certain transfer custody procedures; Similarly, if you want to redeem the fund shares bought online on the exchange and want to redeem them at the designated outlets, you must also go through certain transfer custody procedures.

an open-end fund is a fund with variable issuance amount, and the total number of fund shares (units) can be increased or decreased at any time, and investors can purchase or redeem it at the business place designated by the fund manager according to the quotation of the fund. Open-end funds have the characteristics of unlimited issuance, trading price based on net asset value, over-the-counter trading and relatively low risk, and are especially suitable for small and medium-sized investors to invest.