Great Wall Libao Currency A(004972) is a monetary fund, and the redemption status is open redemption, that is, it can be redeemed at any time, and the confirmation date of purchase and sale are both T+ 1. A fund under the Great Wall Fund Management Co., Ltd., which is characterized by the same day issue and the same day payment.

Funds have broad and narrow definitions. Broadly speaking, it refers to a certain amount of funds set up for a certain purpose, such as trust and investment funds, provident funds, retirement funds, etc. In a narrow sense, it refers to funds with specific purposes and uses. Usually, funds mainly refer to securities investment funds. The income of securities investment funds comes from the future, and the performance of the income is inseparable from the performance of the investment target market, which has certain risks.

Precautions for basic people's investment funds: diversify risks, and you can't all buy one type of fund. The funds in the portfolio should be of different types, and the greater the difference, the better. For example, in a broad sense, several common collocation methods are: stock fund+fixed income fund, large-cap fund+small and medium-sized fund, value fund+growth fund, domestic fund+overseas fund and so on. When investing in funds, you can set different fund ratios according to your risk tolerance. For example, for investors who can bear certain risks, the proportion of stocks, hybrids or indexes in the portfolio can be increased; More conservative investors can allocate more bonds or capital preservation funds.

According to different standards, securities investment funds can be divided into different types:

First, according to whether fund units can be increased or redeemed, they are divided into open-end funds and closed-end funds. Open-end funds are not traded on the market (as the case may be), but are purchased and redeemed by banks, brokers and fund companies, and the fund scale is not fixed; Closed-end funds have a fixed duration and are generally listed and traded on the stock exchange. Investors buy and sell fund shares through the secondary market.

Two, according to the different organizational forms, can be divided into enterprise funds and contract funds. A fund is established by issuing fund shares to establish an investment fund company, which is usually called a corporate fund; The establishment of fund managers, fund custodians and investors through fund contracts is usually called contractual funds. China's securities investment funds are all contractual funds.

Three, according to the different investment risks and benefits, can be divided into growth, income and balanced funds.

Four, according to the different investment objects, can be divided into stock funds, bond funds, money market funds, futures funds, etc.