Shanghai and Shenzhen in the fund usually refer to the Shanghai and Shenzhen 300 Index. The CSI 300 Index Fund is an open-end fund with no closed term. If investors buy such funds, they can buy and sell them anytime and anywhere. If a fund company issues an index fund of CSI 300 for the first time, under normal circumstances, when issuing such a fund for the first time, there will be a three-month closure period, and there is no way to buy or sell it during the fund closure period.

Differences between on-site and off-site Shanghai and Shenzhen 300 ETF

1. As we all know, all funds in the market need investors to open stock accounts, so the Shanghai and Shenzhen 300 funds in the market also need investors to open stock accounts to buy; The OTC CSI 300 Fund does not have this requirement, investors can buy without opening a stock account, and the fund has real-time market value feedback every day;

2. Investors who buy CSI 3 00 funds in the market need to pay a certain commission fee according to the amount they buy, but do not need to pay transfer fees and stamp duty; Over-the-counter Shanghai and Shenzhen 3 00 funds will require investors to pay more fees, such as subscription fees, redemption fees, management fees and a series of other fees.