Funds are divided into on-site funds and off-site funds. The market here refers to the stock exchange market. Funds bought in the stock market are on-site funds, while funds bought by other banks and Alipay channels are off-site funds. The trading system of on-site funds and off-site funds is different, and the most important thing is the trading price. So is the real-time price or closing price bought by the on-site fund?

Is the on-site fund subscription real-time price or closing price?

On-site funds are bought and sold at real-time prices, and off-site funds are calculated according to the net value announced every day. There are three main types of funds in the market: closed-end funds, ETFs and lof. Generally speaking, the deviation between the transaction price and net value of closed-end funds is large, while the deviation between the transaction price and net value of ETF and LOF is small.

The trading system of on-site funds is basically the same as that of stocks. In addition to real-time price trading, T+ 1 trading system and price limit board system are also implemented. Many floor funds correspond to a stock index, which enables investors to invest in the index.