Open-end Funds refers to listed open-ended funds that can be purchased and redeemed at designated outlets or bought and sold on the exchange after they have been issued.
The exchange traded open-end index fund, also known as Exchange Traded Funds ("ETF" for short), is an open-end fund that is listed on the exchange and has variable fund shares.
The net value of fund units is the net asset value of each fund unit, which is equal to the balance of the total assets of the fund minus the total liabilities divided by the total number of units issued by the fund. The subscription and redemption of open-ended funds are carried out at this price. The transaction price of closed-end funds is the market price that has been confirmed at the time of transaction; In contrast, the unit transaction price of open-ended funds depends on the net asset value of unit funds that are not known at the time of subscription and redemption (but can be calculated after the market closes on the day and announced on the next trading day).
Many investors now have many misconceptions about ETF funds, which not only makes many people fearful in the investment process, but also increases investment risks. ETF funds are actually a kind of fund with relatively low market penetration, and customer participation itself is very limited.
A fund subscription is the process by which an investor purchases units in an open-ended fund during the fund's offering period, before the fund has been established.
What is a hedge fund? There is no exact definition of a hedge fund in the mature market, and sunlight private placements have been seen as a prototype for hedge funds.
