LOF funds are not suitable for long-term holding, because LOF funds are generally actively managed funds. If an actively managed fund changes its fund manager, the fund style may shift.

If investors subscribed for fund shares at a designated outlet and want to sell them online, they must go through certain transfer custody procedures; similarly, if they purchased fund shares online at an exchange and want to redeem them at a designated outlet, they must also go through certain procedures.

Go through certain transfer procedures.

Extended information: LOF funds are open-end funds that can be bought and sold like stocks.

Generally speaking, there is no absolute difference between the on-site and off-site subscription methods of LOF.

Just because the buying and selling price in the secondary market is not only determined by the net value of its share, but also related to market supply and demand. Therefore, the buying and selling price in the secondary market of LOF funds will appear at a discount/premium, and there is room for arbitrage.