Is the linked fund an index fund?
Linked fund is a kind of index fund. ETF Linked refers to an ETF that invests most of its assets in the market (linked funds must hold more than 90% of ETFs), while a small amount of funds can be used for actively allocated funds. The significance of ETF linked funds is mainly to provide ETF investment channels for investors without stock accounts.
There are the following differences between investing directly in ETFs and buying ETF connections:
Transaction price of 1: ETF trades in the secondary market according to its price, and the price fluctuates in real time; ETF connection is to announce the net value once a day and trade according to the net value announced that day.
2 handling fee: the transaction fee of ETF is mainly brokerage commission, in addition to management fee and custody fee; The fees for ETF connection mainly include subscription fee, service fee, management fee, custody fee and sales service fee (different charging modes have different types of fees).