ETF linked fund is an investment tool, which provides investors with a wider range of investment options by linking with exchange traded funds (ETFs). On-site funds refer to funds that can be listed and traded on the stock exchange, while ETF-linked funds refer to investors who can obtain the investment income of multiple ETFs at the same time through a fund product.

2. Characteristics of ETF Linked Funds ETF Linked Funds have the following characteristics:

(1) Diversified investment: ETF-linked funds can invest in multiple ETFs at the same time, and investors can get the ups and downs of multiple ETFs through one fund product to realize diversified asset allocation.

(2) Good liquidity: Due to the characteristics of ETF itself, ETF-linked funds also have good liquidity. Investors can buy and sell ETF-linked funds at any time through on-site trading and flexibly adjust their portfolios.

(3) Low cost: Compared with direct purchase of multiple ETFs, it is more convenient and economical for investors to invest through ETF-linked funds. ETF-linked funds usually adopt one-time subscription and redemption, which reduces transaction costs.

3. Advantages of ETF Linked Funds ETF Linked Funds have some unique advantages compared with traditional funds:

(1) Flexibility: ETF-linked funds can be quickly adjusted and allocated according to market conditions, with high flexibility. Investors can choose the right ETF-linked fund to invest according to their risk preferences and investment objectives.

(2) Transparency: The investment portfolio of ETF-linked funds is usually open and transparent, and investors can clearly know the types and proportions of ETFs held by funds. This transparency makes it easier for investors to make risk assessment and investment decisions.

(3) Professional management: ETF linked funds are managed by professional fund managers. Investors don't need to think too much about the specific operation and adjustment of the fund, leaving investment decisions to professionals, which reduces investment risks.

ETF linked fund is an investment tool that connects ETFs. It has the characteristics of decentralized investment, good liquidity and low cost, and is more flexible and transparent than traditional funds. Investors can realize diversification of assets and dispersion of risks by choosing appropriate ETF linked funds.