Core Viewpoint - The article emphasizes the importance of understanding the fundamentals of investment funds, particularly focusing on the distinctions between ETFs, ETF Connects, and Index Enhancements as essential knowledge for investors [1]. Group 1: ETF - ETFs replicate the index by purchasing stocks and are classified as on-market funds, allowing transactions through stock accounts at real-time prices [2]. Group 2: ETF Connect - ETF Connects primarily cater to off-market trading needs, typically investing over 90% of assets in the corresponding ETF and at least 5% in highly liquid assets, with trading methods similar to ordinary open-end funds [3]. Group 3: Index Enhancement - Index Enhancements track the target index while also implementing strategies for enhanced returns, often requiring specific allocations to index constituent stocks, with the remaining funds actively managed to pursue excess returns, resulting in the highest deviation among the three products [3].
基本功 | 都是指数投资工具，ETF、ETF联接、指增有啥区别？
中泰证券资管·2024-11-07 08:55