Exchange traded fund is a special type of open-end fund, which combines the operating characteristics of closed-end fund and open-end fund. Investors can buy or redeem fund shares from fund management companies, and at the same time, they can buy and sell an ETF at the market price in the secondary market like closed-end funds. However, it shows that the package share must be exchanged for the fund share or the fund share.
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Precautions:
2017165438+123 October, A shares opened lower, with a comprehensive and deep adjustment. The Shanghai Composite Index fell 3,400 points, the biggest one-day drop for the whole year. The three major stock indexes in Shenzhen, which led the decline in the previous trading day, all fell more than 3%.
In order to adapt to the development model of Shanghai stock market, the index system of Shanghai stock market, with Shanghai stock index, Shanghai stock index 50, Shanghai stock index 180 and Shanghai stock index 380 as the core, and Shanghai stock index government bonds, corporate bonds and Shanghai stock index funds as the core, scientifically reflects the market structure and change characteristics of Shanghai stock market with rich levels, wide industries and expanded varieties.
The Shanghai Composite Index compares the daily closing price with the closing price of the previous day to determine whether the stock is rising or falling. This is usually indicated by "+"and "-"on the bulletin board above the trading desk. The percentage range of the latest stock price compared with the previous day's closing price (or the previous day's closing index) is positive, negative or flat.
Baidu Encyclopedia-SSE 50 Index
Baidu encyclopedia-SSE 50ETF