"Bond funds, that is, bond funds, refer to a specific type of funds in English. In China, such funds use government bonds or financial bonds as investment targets. "

I. Corporate funds

Also known as * * * mutual fund, it means that the fund itself is a joint stock limited company, and the company raises funds by issuing shares or beneficiary certificates. When an investor buys a company's stock, he becomes a shareholder of the company, receives dividends or bonuses with the stock, and shares the income from the investment.

Second, the characteristics

1 and * * * share a fund, which is a joint-stock company, but unlike ordinary joint-stock companies, its business is mainly securities investment trust.

2.* * * The capital of the same fund is the capital of the company as a legal person, that is, shares.

3.* * * The structure of the same fund is the same as that of a general joint-stock company, with a board of directors and a general meeting of shareholders. Fund assets are owned by the company, and investors are the shareholders of the company and the ultimate holders of its assets. Shareholders exercise their rights at the shareholders' meeting according to the size of their shares.

4. According to the articles of association, the board of directors is responsible for the safe appreciation of fund assets. For the convenience of management, mutual funds often have fund managers and custodians. The fund manager is responsible for the investment management of fund assets, and the custodian is responsible for supervising the investment activities of the fund manager. The custodian may (not necessarily) open an account in the bank and register the fund assets in his own name. In order to clarify the rights and obligations of both parties, * * * has a contractual relationship with the fund company and the custodian, and the responsibilities of the custodian are clearly stipulated in the Custody Agreement signed by him and * * * with the fund company. If the fund of * * * has problems, investors have the right to directly ask the fund company of * * *.

Third, insurance funds.

Refers to the special fund set up to compensate the economic losses caused by accidents, or the economic needs caused by personal injury or loss of work ability. In modern society, insurance funds generally have four forms:

1, centralized national fiscal reserve funds. Fund is a kind of monetary fund set up in the national budget, which is specially used to meet unexpected expenses and special needs in the national economic plan, such as the relief of catastrophic natural disasters, foreign invasion, mistakes in the national economic plan, etc.

2. Insurance funds of professional insurance organizations, that is, insurance companies and other insurance organizations collect insurance funds by collecting insurance premiums to compensate insurance units and individuals for losses caused by disasters or pay insurance benefits due.