First, wine EFT First, let's look at the wine ETF fund. ETF fund is a "transactional open index securities investment fund". It is a fund that can be purchased and redeemed like an ordinary fund, or it can be sold at a high price and raised at a low price like a stock. It is very flexible.
2. Investing in CSI Liquor The fund that invests in CSI Liquor is a fund that can only be purchased and redeemed, and cannot be bought and sold like a stock. People's income is only limited to the operation of this fund.
3. What's the difference between them? The key is, as I said just now, whether it can be bought and sold in the market like stocks. There are two ways for ETF funds to make profits, one is to make profits through the operation of funds. The other is to earn the price difference of ETF funds through the price fluctuation of ETF.
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