Is ETF a T+0 transaction?
Some ETF funds are T+0 transactions and some ETF funds are not T+0 transactions. Among them, the T+0 trading system, officially named "revolving trading on the same day", refers to the securities bought by investors, which are sold in whole or in part after the transaction is confirmed and before the delivery is completed. Investors can simply understand the securities trading mechanism that investors can buy securities on the same day and the securities they buy on the same day can be sold on the same day.
At present, ETF funds supported by Shenzhen Stock Exchange for T+0 trading include the following categories:
1 bond ETF fund
Bond ETF refers to the ETF with bond index as the tracking target. In a relatively broad sense, ETFs, industry ETFs and bond ETFs have relatively small fluctuations and relatively stable returns. When the stock market is depressed, some investors will choose bond ETF as a hedging tool.
2 money ETF fund
Currency ETF, also known as transactional money market fund, is a kind of money market fund that can be bought and sold in the secondary market of the exchange and redeemed on the exchange floor.
3 gold ETF fund
Gold ETF refers to an open-end fund with most fund assets invested in gold, which closely tracks the price of gold and is listed on the stock exchange.
4 cross-border ETF funds
Cross-border ETFs refer to ETFs listed on domestic stock exchanges with the overseas market index composed of overseas capital market securities as the tracking target.
5 commodity futures ETF fund
Commodity futures ETF refers to an ETF that takes holding commodity futures contracts listed on the commodity futures exchange approved by the China Securities Regulatory Commission according to law as its main strategy, and tracks the price or price index of commodity futures as its goal, and uses the portfolio of commodity futures contracts or fund contracts for subscription and redemption.
The above are some contents of ETF fund trading, hoping to help you.