LOF (closed open-end fund) is called "listed open-end fund". Investors can purchase and redeem fund shares in the primary market through open-end fund accounts, or buy and sell funds in the secondary market, and organically link the OTC market and the OTC market through the transfer custody mechanism.

The transaction only includes the transaction commission (no more than 0.3% of the transaction amount), and the subscription and redemption rates of different funds are different. Please refer to the subscription fees and redemption fees of different funds for details.

Generally speaking, the subscription rate of stock funds in China is generally set according to the subscription amount, and the maximum is generally not more than 1.5%. The subscription rate of bond funds is usually below 1%, and the subscription rate of money funds is usually 0.