LOF, the full name in English is "ListedOpen-EndedFund", and in Chinese it is called "listed open-end fund".

That is to say, after the issuance of a listed open-end fund, investors can either subscribe and redeem fund shares at designated outlets, or buy and sell the fund on the exchange.

However, if investors subscribe for fund shares at a designated outlet and want to sell them online, they must go through certain transfer custody procedures; similarly, if they purchase fund shares online at an exchange and want to redeem them at a designated outlet, they must also

Certain transfer procedures must be completed.