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ETF交易避坑指南:5个实用技巧
Morningstar晨星·2025-05-23 11:56

Core Viewpoint - Understanding the "ET" in ETFs is crucial for investors, as it signifies the trading characteristics that allow for stock-like transactions, which can vary significantly among different ETFs. The liquidity of ETFs can be affected by market conditions, and historical events have shown that liquidity can fluctuate, necessitating a cautious approach to ETF trading [1]. Group 1: Trading Techniques - Technique 1: Utilize limit orders to control transaction costs and ensure trades are executed at desired price levels, especially in less liquid ETFs where market prices may deviate significantly from underlying asset values [3]. - Technique 2: Avoid trading in the first and last 30 minutes of the trading day to mitigate risks associated with wider bid-ask spreads and lower liquidity during these periods [6]. - Technique 3: For cross-border ETFs, trade during overlapping market hours to ensure accurate pricing based on real-time data from underlying securities, reducing the risk of price discrepancies [8]. Group 2: Large Transactions and Alternatives - Technique 4: For large transactions, defined as those exceeding 20% of the ETF's average daily volume or 1% of the fund's assets, it is advisable to seek assistance from ETF issuers or market makers to lower transaction costs [10]. - Technique 5: Traditional index funds may be a better option for investors who do not require the flexibility of intraday trading and prefer a simpler investment approach without the complexities of ETF trading [12].