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What are the advantages of the improved settlement model of OTC open-end funds?

Price transparency, fund management efficiency, flexibility, etc.

1. Price transparency: The net value is announced regularly, so investors can clearly understand the actual value of the fund shares they hold and maintain market price transparency.

2. Fund management efficiency: The settlement model can better manage the inflow and outflow of funds, improve the fund operation efficiency of fund companies, and reduce idle funds and costs.

3. Flexibility: The T+0 or T+1 settlement model is adopted, that is, investors can obtain funds quickly after redeeming fund shares, which improves investors’ liquidity and flexibility. .