ETF is a transactional open index fund. If you find it troublesome to choose stocks, investing in ETFs is also a good choice. Many people don't understand the trading rules of ETFs, so should ETFs be bought on or off the market?

Is ETF bought on-site or off-site?

ETF invests in the market, and trading, subscription and redemption are conducted through the market. Investors need a stock account to invest in ETFs. In addition, there are ETF-linked funds outside the market. ETF-linked funds invest most of their assets in ETFs, and investors can purchase and redeem them off-site to realize their investment in ETFs.

ETF and ETF are related, with the following differences:

In the transaction cost of 1, ETF does not need subscription and redemption fees, and the transaction commission paid to brokers accounts for the highest transaction cost; The expenses of ETF connection are mainly subscription and redemption expenses and sales expenses.

2 In tracking error, the error of ETF is smaller than that of ETF connection.

On the trading system, ETF can trade like a stock, but it can't set a fixed investment; ETF connection must be purchased and redeemed at the closing price of the trading day, and fixed investment can be set.