On-market funds must purchase at least one lot, and one lot is equal to 100 shares. If the price of a certain on-market fund is 2 yuan, then investors need at least 200 yuan to buy on-market funds, excluding handling fees. On-exchange funds are ETF funds. Currently, A-share-related funds listed on the exchange are subject to the T+1 trading system. There are also some funds that can be traded on T+0, mainly currency ETF funds, overseas ETF funds, precious metal ETF funds, etc. . Except for T+0 funds, the trading hours and trading rules of exchange-traded funds are similar to stocks.

Advantages of on-market funds:

Low handling fees, relatively small risks, and can be t+0 or t+1.

ETFs do not require transfer fees or stamp duties, and only charge transaction commissions, so the fees are very low; buying a fund is equivalent to buying a basket of stocks, so the risk is small, and it does not have the same ups and downs as stocks. Some funds can also be purchased on the same day. , sold on the same day.

Disadvantages of on-market funds: they help rise but do not resist falls, have long holding periods, and retail investors are prone to lack of patience.