What are External Funds?
Over-the-counter funds have only one net worth per day as the purchase and redemption price. And closed, LOF ETF these funds are floor traded funds.
OTC Fund
Right!
- Chinese name
- OTC Fund
- Category
- Fund direct sales method
- nickname
- General Open Fund
- Definition
- One net purchase redemption price per day
- Over-the-counter funds have only one net worth per day as the purchase and redemption price. And closed, LOF ETF these funds are floor traded funds.
- Ordinary open funds are OTC funds, that is, there is only one net value per day as the purchase and redemption price. And closed, LOF ETF these funds are exchange-traded funds, her price is the same as stocks, the market is changing at any time. Off-market understanding is the outside of the stock exchange market, that is, the agency sales of banks and securities companies, the direct sales of fund companies, that is, the familiar open fund sales channels.