ETF is the abbreviation of exchange-traded open-end index fund. It mainly tracks an index by copying the composition of index constituent stocks and realizes investment in the index.
There are currently many public fund ETFs on the market, so how do you buy and sell public fund ETFs? How do you buy and sell public fund ETFs? 1 First of all, you need to have a stock account.
2 Understand the types of ETFs. ETFs are index funds and are used for index investment.
Generally speaking, indexes are divided into two categories: broad-based indexes and narrow-based (industry) indexes.
For example, indices such as CSI 300 ETF and CSI 500 ETF are broad-based index ETFs, while liquor ETFs and medical ETFs are narrow-based ETFs.
3. After selecting the ETF you want to invest in, go directly to the trading page to buy.
4ETF trading rules: Trading unit: The minimum trading quantity is 1 lot (100 shares); price limit: consistent with the stock sector, generally 20% or 10%.
Trading hours: Consistent with the trading hours of stocks, most ETFs are traded on T+1, and a few ETFs, such as bond ETFs, commodity ETFs, currency ETFs, and cross-border ETFs, are traded on T+0.
In addition to being able to buy and sell ETFs in the secondary market, investors can also subscribe and redeem them through the secondary market, but the threshold is relatively high. The minimum unit for subscription and redemption is 500,000 or 1 million units.