The fund collects the funds of many investors who don't understand financial investment, but want to beat CPI or earn more income, and gives them to professional fund managers to earn higher return on investment for investors. According to the transaction mode, it can be divided into open-end funds and closed-end funds. Open-end fund: There is no fixed scale, and investors can purchase and redeem it at any time. Closed-end fund: the scale is fixed within the specified period, and investors can't purchase and redeem it at any time, but they can transfer it in the secondary market like buying and selling stocks. According to different investment objects, funds can also be divided into stock funds, bond funds, money funds and index funds. Monetary Fund: It is famous for baby products such as baby care treasures.
1. Equity funds and bond funds: they are actively managed funds, and their performance depends more on the fund management ability of the fund manager. Index fund: Passive fund is also Buffett's most admired fund type. He once said a meaningful sentence, buy index funds and work hard. Which is better, active fund or passive fund? According to my personal experience. In the bull market, the performance of index funds is indeed better than that of more than half of actively managed funds. However, in the bear market and sideways shocks, the overall performance of active funds is better. Buffett's index fund theory is actually more suitable for US stocks. Since the1980s, the Dow Jones index in the United States has been in a volatile upward trend for a long time. Except for the bull market, in most cases, index funds are still difficult to outperform active funds.
2, generally refers to a certain amount of funds set up for a specific purpose. It mainly includes trust and investment funds, provident funds, insurance funds, retirement funds and funds of various foundations. From the accounting point of view, capital is a narrow concept, which refers to funds with specific purposes and uses. The fund we are talking about mainly refers to the securities investment fund. According to different standards, securities investment funds can be divided into different types: according to whether the fund share can be increased or redeemed, it can be divided into open-end funds and closed-end funds. The scale of open-end funds is not fixed, and they are purchased and redeemed through banks, securities companies and fund companies; Closed-end funds have a fixed duration and are generally listed and traded on stock exchanges. Investors buy and sell fund shares through the secondary market. According to different organizational forms, it can be divided into corporate funds and contractual funds. Fund is an investment fund company established by issuing fund shares, usually called corporate fund; Usually called contractual fund, it is established by fund managers, fund custodians and investors through fund contracts. China's securities investment funds belong to contractual funds.
3. According to the difference of investment risk and income, it can be divided into growth fund, income fund and balanced fund. According to the different investment objects, it can be divided into four categories: bond fund, stock fund, money fund and mixed fund. The full name of open-end fund in English is "listed open-end fund" or "open-end fund", which is called "listed open-end fund" in Chinese and * * * mutual fund abroad. That is, after the issuance of listed open-end funds, investors can not only purchase and redeem fund shares at designated outlets, but also buy and sell funds on exchanges. However, if investors want to sell the fund shares purchased at designated outlets, they must go through certain re-custody procedures; Similarly, if the fund shares purchased online on the exchange are to be redeemed at designated outlets, certain re-custody procedures must also be handled. It is a fund with variable issuance amount, and the fund units or the total number of units can be increased or decreased at any time. Investors can purchase or redeem according to the quotation of the business place designated by the fund manager.