ETF-linked funds refer to funds that invest most of their assets in ETFs that track the same underlying index (referred to as target ETFs for short), closely track the performance of the underlying index, pursue the minimization of tracking deviation and tracking error, and adopt an open operation mode.
The differences between the two are as follows:
1.ETFs can be traded in the secondary market (stocks and securities accounts), but ETF-linked funds cannot.
Second, the rate: ETF linked funds are larger than ETFs. In terms of redemption rate, take the upcoming E Fund Shenzhen Stock Exchange 100 Linked Fund as an example. When the total amount of funds is less than 1 ten thousand yuan, the subscription rate is 1%, the subscription rate is 1.2%, and the redemption rate is 0.5%. When the assets of the corresponding ETF are more than 500,000 yuan and less than 6,543.8+0,000 yuan, the subscription rate is 0.5%, the front-end subscription rate is 0.5%, and the redemption rate is 0.5%.
3.ETF investment targets are index stocks, and ETF linked funds directly invest in ETFs.
Fourth, the threshold of ETF subscription and redemption is high (usually the lower limit is one million), and the threshold of ETF linked funds is low (usually the lower limit is 1000).
For more information about the differences between etf connection and etf, please visit:/ask/469ce51615825467.html? Zd view more content