At the end of 2004, the first LOF was born, and the South took the initiative to configure it, which opened the floor trading mode of open-end funds. Since then, open-end funds can not only be purchased and redeemed through bank channels, but also be traded on the exchange like stocks. In 2005, BOC China Select, Bosera Theme Industry, Guangfa Small-cap Growth, etc. 12 LOFs were established one after another; From 2006 to 2008, the development of LOF slowed down slightly, and it was established in three years 15 LOFs.

Since 2009, LOF has ushered in a period of rapid development. In 2009, 20 10 and 20 1 1, 15 and 19 lofs were established respectively. Since the beginning of this year, six LOFs have been established. The data shows that as of June 8 this year, 78 LOFs have been established, of which 74 have been listed and traded, and another 4 are to be listed.

For reference only!