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What does science and technology innovation board 50etf mean?
Science and technology innovation board 50etf is a kind of fund (etf fund), and science and technology innovation board 50etf refers to a fund that takes the Kechuang 50 index as the investment target and buys all or part of the share of the Kechuang 50 index in order to obtain the same income as the index.

Science and technology innovation board 50etf is a floor fund and traded on the stock exchange. Investors need to open an on-site fund account for trading, while science and technology innovation board 50etf trades in real time according to the market price.

Kechuang 50ETF is a transactional open index fund with the technology innovation board 50 index as the target, which can be traded and subscribed/redeemed in the secondary market. According to official website information of CSRC, four fund companies, including ICBC Credit Suisse Bank Fund and Huaxia Fund, applied for technology ETF on July 15, and were accepted on July 22.

According to the latest announcement form of fund-raising application for 2020 issued by the CSRC, four products, namely, ICBC Credit Suisse SSE Technology Innovation Board 50 Trading Open Index and Huaxia SSE Technology Innovation Board 50 Trading Open Index, were approved by the CSRC on September 1 1, and were publicly sold on September 22.