ETF is a kind of fund between open-end fund and closed-end fund, and it is a new mixed product of fund and stock. Ordinary investors can actually regard SSE 5ETF as an index stock.

SSE 5ETF is a publicly traded fund consisting of 5 sample stocks of SSE 5 Index. The investment portfolio of this fund is mainly sample stocks of the SSE 5 Index.

ordinary investors can actually regard SSE 5ETF as an index stock. ETF is a kind of fund between open-end fund and closed-end fund, and it is a new mixed product of fund and stock.

SSE 5ETF warrant product is a covered call warrant, and its issuer is a securities company. The product stipulates that investors have the right to buy several 5ETF at the agreed price in a certain period of time in the future, so investors pay the issuer a certain cost for obtaining the rights.

Extended information:

The Shanghai Composite Index is weighted by the number of issued shares of sample stocks, and the calculation formula is: reporting period index = (total market value of constituent stocks in the reporting period/base period) × base period index, where the total market value = σ (stock price × number of issued shares).

when calculating the Shanghai B-share index, the price of B-shares in constituent stocks is calculated in US dollars. When calculating other indexes, the price of B shares in constituent stocks is converted into RMB at the applicable exchange rate (the middle price of RMB against the US dollar on the last trading day of each week in China Foreign Exchange Trading Center).

the SSE fund index is weighted by the fund issuance shares, and the calculation formula is: reporting period index = (total market value/base period of the fund in the reporting period) ×1, where the total market value = σ (market price × issuance shares).

Baidu Encyclopedia-Shanghai Stock Composite Index