OF stands for Out-The-Counter Fund, which refers to over-the-counter funds, that is, buying these funds over the counter. OTC: Refers to unlisted or listed securities.

Activities that do not trade on the exchange but on the over-the-counter market, but privately at prices higher or lower than those specified at the supply and marketing meeting or with other conditions attached.

Extended information:

Scientific explanation:

Fund code suffix OF ordinary open funds are over-the-counter funds, that is, there is only one net value for subscription and redemption every day s price. While closed, LOF ETF funds are exchange-traded funds.

Prices, like stocks, change at any time during the day. OTC refers to outside the stock trading market, which is the consignment sales of banks and securities companies, the direct sales method of fund companies, which is also the familiar open-end fund sales channel.

Baidu Encyclopedia - OTC Funds