Index ETFs trade in the same way as stocks. When trading, you can open Baidu browser (version 132) in version i0s13 of iPhone 13, enter the index etf code, place an order and indicate the price and the entrusted quantity. Index etf transactions only need to pay commission, not stamp duty and transfer fees.

Exchange-traded funds (ETFs), also known as transactional open-end index funds, index stock funds and exchange-traded funds, are open-end funds listed and traded on exchanges, with variable fund shares.

Transactional open-end index fund, also known as exchange-traded fund, or ETF for short, is an open-end fund with variable fund shares listed on the exchange.

It combines the operating characteristics of closed-end funds and open-end funds. Investors can purchase or redeem fund shares from fund management companies, and at the same time, they can buy and sell ETF shares at the market price in the secondary market. It has the characteristics of purchase, redemption and listing.

According to different investment methods, ETFs can be divided into index funds and actively managed funds. Most foreign ETFs are index funds. At present, ETFs launched in China are also index funds. ETF index fund represents the ownership of a basket of stocks, which refers to the index fund that is traded on the stock exchange like stocks, and its trading price and fund share net value trend are basically consistent with the tracked index. Therefore, investors buying and selling an ETF is equivalent to buying and selling the index it tracks, and can get basically the same income as the index. Usually, it adopts a completely passive management mode, aiming at fitting an index, which has the characteristics of both stocks and index funds.

It has the characteristics of both stocks and index funds.

(1) For ordinary investors, ETFs can also be split into smaller marketing unit and traded in the secondary market of the exchange like ordinary stocks.

(2) If you earn the index, you will make money, and investors will no longer have to study stocks and worry about stepping on stocks; Before 20 10, there was no short-selling mechanism in China's securities market, so there was a situation of "losing money when the index fell". On April 20 10, stock index futures were opened. Since February 5, 20 1 165438, seven ETF funds have been included in the margin financing and securities lending scope. )