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What are the auto etf funds
There are also many index funds, such as QDII funds like Huabao Oil & Gas (162411), S&P 500 (513500), and Hong Kong Small & Medium (501021). Typical representatives of over-the-counter currency ETFs are Huabao Tianyi (511990), Yinhua Daily Profit (511880), and Jianxin Tianyi (511660).1. QD funds refer to the funds that domestic investors invest in overseas capital markets. Currently, domestic QDII funds mainly invest in the U.S. stock market and Hong Kong stock market, typical representatives include Huabao Oil & Gas (162411), S&P 500 (513500), Hong Kong Small & Medium (501021).2. On-market Currency ETFs On-market Currency ETFs refer to currency funds that can be traded. Compared with ordinary currency funds, the typical representatives of on-market currency ETFs are Huabao Tingyi (511990), Yinhua Daily Profit (511880), Jianxin Tingyi (511660), etc. 3. Gold ETFs Gold ETFs refer to index funds investing in gold, tracking price fluctuations of spot gold. Currently there are 4 gold ETF funds, namely Efonda Gold ETF (159934), Bosera Gold ETF (159937), Guotai Gold ETF (518800), Huaan Gold ETF (518880).4. Index ETFs Index ETFs are the largest and the most common ETFs among these four types of ETFs.Investors are familiar with 300 ETF ( 510300), GEM ETF (159915), 500 ETF (510500) are all index ETF funds. Expand DataThe traded open-ended index fund, also known as exchange-traded fund, or ETF for short, is an open-ended fund with variable fund shares that is listed and traded on an exchange. It combines the operational characteristics of closed-end and open-end funds. Investors can not only subscribe or redeem fund shares from the fund management company, but also buy and sell ETF shares at market price in the secondary market, which is characterized by subscription, redemption and listed trading. According to different investment methods, ETFs can be categorized into index funds and actively managed funds. Most of the foreign ETFs are index funds. Currently, domestic ETFs are also index funds.ETF funds represent the ownership of a basket of stocks and are index funds that are traded on the stock exchange like stocks. Its trading price and fund share net value trend is basically the same as the tracking index.
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