What's the difference between on-site funds and etf funds?

On-site funds include ETF funds. On-site funds refer to funds traded on the stock exchange. The fund trades at the real-time market price and follows the principle of price priority and time priority. On-site funds include ETF funds, index funds and closed-end funds.

ETF is a kind of fund, which tracks a specific index and buys all or part of the constituent stocks in the index to obtain the same income as the index.

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