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Why are there so few lof funds?
Lof fund is a listed open-end fund. Investors can purchase and redeem fund shares at designated outlets, or buy and sell funds on exchanges.

Lof fund is mainly due to the design of lof listing and trading. Lof aims to broaden the distribution channels, and its discount-premium arbitrage function is low, which is not enough to attract investors to actively participate in secondary market transactions.

In addition, if you want to buy and sell lof funds, investors need to pay attention to that if you want to sell the fund shares purchased at designated outlets, you must go through certain transfer custody procedures; Similarly, if you want to redeem the fund shares you bought online on the exchange and redeem them at designated outlets, you must also go through certain transfer custody procedures.