Current location - Trademark Inquiry Complete Network - Tian Tian Fund - Is the gold on Alipay a fund?
Is the gold on Alipay a fund?
However, the "gold" in Alipay is a gold ETF, and the docking varieties are: E Fund Gold ETF Connection Fund, Bosera Gold ETF Connection Fund, and Hua 'an Yifu Gold ETF Connection Fund. They are all funds that operate according to the trend of domestic gold prices.

Gold ETF is a fund that invests in gold contracts, so exchange ETF needs investors to have stock accounts and trade on the exchange, but some investors don't have stock accounts, so gold-linked funds are derived, which mainly invest in exchange gold ETFs. Therefore, when the gold ETF rises, the net value of the linked fund will rise, and vice versa.