Bonds are a symbol of becoming creditors of the government and companies. The main source of profits is interest, and they can also transfer benefits.
Securities funds collect the money of a large number of investors, and fund management companies plan to invest in investment products such as stocks and bonds.
2. Bonds reflect the relationship between creditor's rights and debts, stocks reflect the ownership relationship, and securities investment funds reflect the trust relationship.
3. Bond is a financing tool, and the funds raised are mainly invested in industry, which is a direct investment method. Securities investment fund is a kind of trust tool, and its raised funds are mainly invested in securities, which is an indirect investment method. Stock is a financing tool, and the funds raised are mainly invested in industry, which is a direct investment method.
4. The income of bonds is generally determined in advance, and its investment risk is relatively small. The investment risk of securities investment funds is higher than that of bonds, and the income is also higher than that of bonds. The risk and return of securities investment funds are higher than bonds, but less than stocks. The return of stocks is uncertain, and its return depends on the operating efficiency of the issuing company, so investing in stocks is risky.