In recent years, the emergence of Internet financial platform has made it easier and faster for us to obtain wealth management products. Among all kinds of products, funds have become the first choice for many people to invest. With the maturity of the fund market, more and more fund types have been introduced. One of the relatively new fund types is exchange traded fund (ETF), which can be traded not only in the lobby of the exchange, but also outside the counter of banks. So, can this fund really be traded on and off the market?

I. Differences between OTC ETFs and OTC ETFs

Let's first understand the difference between on-site ETF and off-site ETF. The biggest difference between the two is the way of trading. On-site ETFs are traded on exchanges, and "HS300ETF" similar to "Huaxia Fund" is a typical on-site ETF. OTC ETFs are generally sold in banks, brokerages and other institutions. A "gold ETF" like "harvest fund" is a typical OTC ETF.

Two. Pay attention to the fund conversion on and off the market.

After understanding the difference between on-site ETF and off-site ETF, let's take a look at the matters needing attention in the on-site and off-site conversion of such funds. If we want to transfer funds from different places to different places, we need to consider a more serious problem: transaction costs. The transaction costs of on-site and off-site ETFs are different, and the cost of each fund company is also quite different. Therefore, in the process of conversion, it is necessary to pay attention to the regulations of the fund company and the market price at the same time to avoid unnecessary losses caused by conversion.

Third, for investors, which is the OTC ETF or the OTC ETF?

For investors, choose on-site ETF or off-site ETF? First of all, we need to consider our own investment ideas and methods. A large number of investors can consider using floor trading, because through floor trading, we can make use of abnormal market conditions to obtain greater benefits. For small investors who are new to the stock market but hold funds, OTC trading is more comfortable and convenient, because fund sales organizations are widely distributed, most banks can handle it, and the purchase cost is lower.

Fourth, the advantages of the fund on and off the market.

The advantages of on-site and off-site trading of funds are obvious. First, on-site trading is timely, flexible, convenient and fast, and at the same time, it can make use of abnormal market conditions to obtain greater benefits. OTC trading, on the other hand, has the characteristics of convenience and reasonable and low cost. Of course, in the current market environment, in order to ensure the safety of investment assets and the balance of risk and return, it is necessary to consider the diversification and risk dispersion of investment portfolio.

To sum up, the funds that can be transferred on and off the field are not completely transferable and need to be considered separately according to the situation. By understanding the advantages of the fund's on-site and off-site and analyzing whether investors choose on-site ETF or off-site ETF, we can better understand the investment methods and risks of the fund and make better financial investment.