As a package of stock products specially designed for bull market, ETF has brought more convenient investment channels to investors. When the unilateral market inflation changes, normal metabolism is actually the natural law of the market.
The market plummeted, and the index ETF did not choose stocks at the right time, and its net value fell seriously with the market. Investors naturally redeemed collectively, and the sharp decline in scale and trading volume was also expected.
Extended data
The total scale of open-end fund shares or shares is not fixed, and the fund shares or shares can be sold to investors at any time according to their needs, and the issued fund shares or shares can be redeemed according to their requirements.
Investors can buy funds through fund sales agencies, so that the assets and scale of the fund will increase accordingly, or they can sell their fund shares to the fund to recover cash, so that the assets and scale of the fund will decrease accordingly.
The isomorphism of open-end fund and closed-end fund has become two modes of fund operation. Open-end fund refers to a fund operation mode in which fund sponsors can sell fund shares or shares to investors at any time according to their needs, and can redeem the fund shares or shares issued at the request of investors when setting up the fund.