Lof fund is a kind of fund, which is called listed open-end fund. After the issuance of this fund, investors can buy and sell on the exchange and purchase and redeem in the OTC market.

Investors who want to sell the subscribed fund shares at the designated outlets of the exchange need to go through the formalities of transferring custody; Similarly, if you want to redeem the fund shares bought in the exchange at the designated outlets, you need to go through certain transfer custody procedures.