With the continuous development of social economy, in real life, I believe many friends will encounter various problems, especially when buying funds. In the process of investing in funds, many friends have expressed great doubts about what ETF funds are. In fact, what this fund represents is that the transactional open-end index fund, also known as exchange-traded fund, is actually traded according to the index and listed on the stock exchange, which is very suitable for investors who want to make long-term related investments.

First of all, we need to understand that this kind of fund is traded on the stock exchange, and the index tracked by this kind of fund has nothing to do with the personal ability of the fund manager. The trading of such funds actually depends on the changes in the whole market. If the overall stock index goes up, our fund will also go up, and if it goes down, it will also go down. So we should distinguish between these situations and the way of this transaction.

In addition, we should also know that transactional open-end index funds are actually a special type of open-end funds. This device has unique advantages, which not only combines the operating characteristics of closed-end funds, but also has the unique advantages of open-end funds. Therefore, when these two advantages are combined, transactional open-end index funds are deeply loved and liked by people, especially for many experienced investors, who generally choose to invest in such funds because they are not dependent on fund managers and are mainly affected by market changes.

To sum up, we can clearly know that such funds are transactional open-end funds that mainly look at the index changes. Generally speaking, the right investors are those who have professional knowledge and skills to make relevant investments. Of course, ordinary people can also invest, because the fluctuation of such funds changes with the changes in the market.