What do you mean by OTC funds and OTC funds?
Market refers to the stock exchange market. Funds bought through the stock exchange market are OTC funds, while funds bought outside the stock exchange market are OTC funds. There are mainly the following differences between the two:
1 In terms of purchase method, on-site funds need a stock account to purchase, while off-site funds do not.
In terms of trading methods, the trading methods of floor funds are the same as those of stocks, which can be circulated among different investors, and some floor funds can be purchased and redeemed; The investment methods of OTC funds are mainly subscription and redemption.
In terms of transaction price, the transaction price of on-site funds is its real-time price, which is not consistent with the net value, while most off-site funds purchase and redeem at the net value.
4 In terms of management methods, on-site funds mainly follow the index passively, while off-site funds are mostly actively managed.
The above is the difference between OTC funds and OTC funds. I hope it will help everyone.