LOF fund subscription and redemption belong to both on-exchange and off-exchange. When OTC shares are first issued, there will usually be a closed period of several years. After the closed period, they will become open-ended and on-exchange shares can be traded.

The method is the same as the stock trading method, but the fees are relatively lower, so these corresponding knowledge points are what we need to know. Only by understanding these things can we help us better buy and sell funds.

The full name of LOF is listed open fund, which refers to funds issued and traded on the Shenzhen Stock Exchange. This kind of fund can generally be carried out in the over-the-counter market. The subscription or redemption of fund shares can also be carried out on the exchange, that is, the on-site market.

The transaction of fund shares and the subscription or redemption of fund shares, so this kind of fund belongs to both on-site and off-site transactions, but there are different differences between on-site and over-the-counter transactions. For example, when trading on the exchange, the fund fees

Relatively speaking, it is relatively low, and there is no closed period, which has certain advantages over OTC funds.

When we subscribe for funds over the counter, we generally need to go through a certain closing period and time, and we need to know that subscription and redemption are done over the counter through fund companies or fund distribution agencies, and the fees charged are relatively high.

It is a little higher, and there are corresponding management fees every year. Therefore, when buying this kind of fund, you must make a comparison in many aspects, so that you can maximize it appropriately, and at the same time, you can buy more shares with less money.

Of course, in addition to this, you must also know that fund trading involves certain risks. If your risk tolerance is not particularly high, then it is best not to buy funds to avoid causing huge losses to yourself.

From the above, we can clearly know that this kind of fund belongs to both on-site and off-site. Therefore, when subscribing for a fund, we can purchase this kind of fund directly through over-the-counter or on-site channels. This can

Let your own interests be maximized.