What kinds of ETF funds are there?
At present, ETFs are mainly divided into stock ETFs, bond ETFs, currency ETFs and commodity ETFs.
I. Stock Exchange Trading Funds
1 broad-base ETF: refers to ETF products that track broad-base index. The broad-based index covers a wide range of constituent stocks and is a comprehensive comprehensive index. Such as SSE 50ETF and CSI 300.
2. Narrow-base ETF: refers to the relevant index focusing on investing in specific industries, themes, strategies and styles. The style of the index is very distinct, and investors can roughly understand what kind of industry the constituent stocks are according to their names. Its optional range is smaller than that of broad base, and it is generally also called industrial fund. Such as pharmaceutical ETF, consumer ETF, technology ETF, etc.
Second, the bond ETF
Bond ETF may not be familiar to most investors, but it is actually an on-site ETF fund that invests in bond-related assets. At present, the common bond ETFs are mainly divided into national debt ETF, local debt ETF, convertible bond ETF and corporate bond ETF.
Third, the currency ETF
Currency ETF refers to an open-end money fund, which belongs to the on-site money fund and is a financial management tool for idle funds in stock accounts.
Fourth, commodity ETF
Commodity ETF refers to ETF funds that track the trend of commodity price index, aiming at tracking commodity prices or indexes. The basic asset types cover precious metals, industrial metals, energy and agricultural products.
ETF fund is an open-end fund with variable fund share, which can be traded and redeemed. ETF redemption has a high starting point and needs specific software operation.