Which is better to track the funds of securities firms? What is a brokerage fund? What are there?
What is an ETF fund?
In Chinese mainland, they are all called exchange traded funds, index stock funds in Taiwan Province province and exchange traded funds in Hongkong. The operation mode of ETF is to securitize the index. Investors do not directly invest in a basket of stocks in the traditional way, but indirectly invest by holding beneficiary certificates that commend the equity of the underlying stocks.
ETF fund features:
1, which can be listed and traded on the stock exchange. Investors can buy and sell ETF shares directly on the stock exchange just like trading individual stocks and closed-end funds.
2.ETF is basically an index open-end fund, but compared with the existing index open-end fund, its biggest advantage is that it is listed on the exchange and the transaction is very convenient;
3. Its purchase and redemption also has its own characteristics. Investors can only use a basket of stocks corresponding to the index to subscribe or redeem ETFs, but not cash subscriptions and redemptions for existing open-end funds.
What are the securities etf funds?
* Only partial data.