How to put ETFs in perspective and what is an ETF

Trade in real-time only in **.

A shareholder account must be opened.

Low transaction fees.

An exchange-traded open-ended index, also commonly referred to as Exchange Traded Funds (ETF), is an open-ended index that is listed and traded on an exchange with variable shares.

That is to say, this kind of ** can be traded over-the-counter or traded on the exchange like **.

The transaction fee is the same as **, and you should ask the broker you are opening an account with.

Exchange-traded open-ended index is a special type of open-ended, which combines the advantages of closed-end and open-ended, investors can buy and sell ETF shares in the secondary market, and can also manage the company.

The company subscribes or redeems ETF shares, but the subscription and redemption must be in a basket of shares (or a small amount of cash) in exchange for **shares, or **shares in exchange for a basket** (or a small amount of cash). Due to the simultaneous existence of secondary cities.

The exchange trading and subscription and redemption mechanism allows investors to carry out arbitrage transactions when there is a price difference between the ETF's secondary market trading** and ** unit net value. The existence of an arbitrage mechanism can enable ETFs to avoid the widespread existence of closed-ended**.

In the issue of discounts.

Investors can buy ETFs in two ways: they can buy from managers according to the net value of the day (the same as ordinary open-ended commons); It is also possible to buy directly from other investors on the **market.

Buy, buy ** by the buyer and seller jointly decide, this ** is often a certain gap with the net value at the time (the same as ordinary closed**).

This is the information I found from [ETF**.com-Index Investment Academy], I hope it can help you.

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Usually the ETF investment that everyone understands is to help us allocate a basket** to play the effect of index investment.

Here are a few hidden investment attributes of ETFs.

1.Comes your ownLightning protectionAttribute. An ETF is a weighted allocation of the constituent stocks of the underlying index.

Usually more scattered, the concentration of a single ticket is not high, even if a ** step on the thunder, the overall impact is relatively limited, so it is born with lightning protection attributes.

Never stop。**Because major events, restructurings, and meetings are often suspended, and ETFs will not be affected by this, normal daily trading, for liquidity requirements, want to obtain higher returns than currencies** funds, ETF is the best choice!

3.Invest in novices to get".Average score", the counterattack of **. ETFs are diversified investments, and there are few requirements for the ability to select stocks.

As long as you judge the right direction and track, you can also get professional investment performance, at least the average score!

Low transaction costs！**Trading, the state has to charge 1 stamp duty when selling, and those who like to do T+0 will know that the cost is very high. According to 240 days a year, calculated according to changing hands once a week 5 days, changing hands 48 times a year, the cost of stamp duty is as high.

If you invest in an ETF, the country is free of stamp duty!

Come and see me] [come and see me] [come and see me].

If you think it's useful, please collect it, ** to a friend! [Compare hearts].

Huang Pujiang, Shenwan Hongyuan** Investment Consultant, Practice Certificate No.: S0900620040014. The information and views contained in this article are only personal opinions, for reference only, and do not constitute investment advice.

I am not responsible for any losses incurred, and investors must be responsible for the investment behavior determined independently. Investment is risky, and you need to be cautious when entering the market.

ETFs, also known as exchange-traded open-ended indexes, are open-ended indexes that are listed and traded on an exchange with variable shares.

According to different investment methods, ETFs can be divided into index** and actively managed**, and the vast majority of foreign ETFs are index**. At present, the ETFs launched in China are also indexes**.

ETF index represents the ownership of a basket of shares, which refers to an index that is traded on an exchange like an index, and its net value of trading and shares is basically the same as that of the index being tracked.

Therefore, when an investor buys and sells an ETF, he or she buys and sells the index it tracks, and can obtain returns that are essentially the same as that of the index. It usually adopts a completely passive management method, with the goal of fitting a certain index, and has the characteristics of both ** and **.