At the beginning of 20021,China merchants CSI liquor index LOF was officially listed and traded. This fund was transformed from the original China Merchants CSI Liquor Index.

If it is purchased through Alipay, how can China Merchants CSI Liquor Index LOF be sold in the market?

First of all, China Merchants CSI Liquor Index LOF belongs to the classification of LOF funds and has the characteristics of LOF funds. The full name of LOF fund is listed open-end fund. Investors can purchase and redeem fund shares in designated channels, and they can also buy and sell funds on exchanges, which have the property of trading both on-site and off-site. Generally speaking, funds can be purchased and redeemed off-site through Alipay, Tian Tian Fund, banks and other designated channels, and can also be bought and sold on the market through stock accounts.

At the same time, LOF purchased in different places can be sold in the venue, but it needs to be transferred from different places to the venue.

First, you need to prepare a securities account, that is, a stock account. Alipay supports self-service transfer of some funds from different places to on-site operation, and then find out how to transfer the funds entered by "My" and "My Customer Service" to on-site operation, and submit the transfer custody application according to the prompt, so that it can be sold through on-site operation. If you buy from other platforms, you may need to go to the sales department for transfer custody. You can consult customer service first.

LOF bought in the market can also be redeemed in different places, and the operation is relatively simple. You can directly choose to redeem in different places.

Generally speaking, the fund shares purchased off-site on that day can be sold on the T+2 day of Shenzhen Stock Exchange and the T+2 day of Shanghai Stock Exchange. Fund shares bought in the market on that day can be redeemed at T+ 1 of Shenzhen Stock Exchange and T+0 of Shanghai Stock Exchange.