wholesale jewelry stores in washington dc What is EIF? What does the transaction open index fund mean? What does a trading fund mean?

palomar fashion wholesale jewelry ETF is an English abbreviation of Exchange Traded Fund. It is translated as a "trading open index fund", also known as exchange trading fund. ETF is an open securities investment fund product listed and traded on the exchange. The trading procedures are exactly the same as the stock. ETF management assets are a group of stock portfolios. The types of stocks in this combination are the same as that of a specific index, such as the SSE 50 index, the same as the ingredients that are contained in, and the number of each stock is consistent with the component of the index. ETF transaction The price depends on the value of a package of stocks it owns, that is, "net value of unit fund assets". ETF characteristics 1: The high threshold of the first -level market purchase is high in the first -level market to purchase at least 1 million copies. If calculated at the current net value, at least 800,000 yuan of funds are required. When applying, it is not cash, but to purchase with a basket of stocks. If it is a redemption fund share, the investor finally gets a basket of stocks, and it will take at least 1 million copies of redemption. At present, ETF's purchase and redemption can only be performed at the designated agent brokers counters. Small and medium investors can participate in ETF investment through the secondary market. Just like buying and selling closed funds, the handling fee is low, and the minimum investment shares are only 100. Feature two: Implement the "T 0" operation. If an investor buys a basket of stocks, he subscribed for the ETF fund in the first -level market. After the purchase is successful, he does not need to wait for the funds to receive the account. Implement "T 0" transaction. In the same reason, an investor can also buy ETFs in the secondary market, and then request redemption in the first -level market. After the redemption is successful, you don't have to wait for a basket of stocks to get the account, you can throw these stocks, which is also a "T 0" transaction. However, investors cannot achieve the "T 0" operation in the same market, that is, they must not be redeemed on the same day to purchase in the first -level market. They buy in the secondary market that day and cannot be sold. Therefore, ETF can only be called "T 0" operation. Feature three: The unit net value is equal to 0.1 % of the Shanghai Stock Exchange 50 Index. The relationship between the unit's net value of 50ETF and the Shanghai Stock Exchange 50 Index is very simple, which is 0.1 % of the Shanghai Stock Exchange 50 Index. Essence The sample stocks of the Shanghai Exchange 50 Index are 50 stocks with the largest, most liquidity, and most representative of the Shanghai Securities market. At the same time, these 50 stocks are generally blue -chip stocks in the industry. Market influence. According to the Shanghai Stock Exchange 50 Index, it can easily convert the net worth of the Shanghai Stock Exchange 50ETF. For example, when the SSE 50 index is 875 points, the net value of the fund share of 50ETF should be about 0.875 yuan. Yuan.