ETF-linked funds refer to funds that invest most of their assets in tracking the same underlying index, that is, invest in ETF funds (referred to as target ETFs), closely track the performance of the underlying index, pursue the minimization of tracking deviation and tracking error, and adopt an open operation mode.

ETF-linked funds are assets under management, or stock portfolios, in which stock types are related to a specific index. The transaction price of ETF depends on the value of a basket of stocks it owns, that is, the "net asset value of unit funds". ETF's portfolio usually completely replicates the underlying index, and its net performance is highly consistent with the specific index pegged.

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ETF Linked Fund aims to enliven the ETF market.

Introduce banking channels and lower the investment threshold. Let more investors participate in ETF products and activate ETF market, which is the main purpose of developing ETF linked funds.

The wholesale of the underlying ETF is realized through ETF-linked fund products, and then it is retailed to ordinary investors through commercial banks. From the ordinary open-end fund 1000 yuan, through the counter of commercial banks, bank customers are also introduced into the market of exchange-traded products in disguise.

Baidu encyclopedia -ETF connection fund