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Accounting treatment of fuguo fund
Not necessarily.

1. Guo Fu Tianhui ranked first with a three-year return on investment of 38.4 1%, a two-year return on investment of 15.74% and a one-year return on investment of 5.3 1%, ranking fifth and eighth among 590 comparable funds respectively. Guo Fu Tianyuan ranks sixth, second and second among similar funds with a yield of 32.3 1% for three years, 0/7.59% for two years and 8.52% for one year. In this regard, Zhu Shaoxing, general manager of Fuguo Fund Research and manager of Fuguo Tianhui Fund, said that choosing growth stocks can overcome the fluctuation trend. Value investment focuses on the ability to keep rising, and Wells Fargo Fund is committed to creating sustainable returns for investors while sharing China's growth.

2. Broadly speaking, a fund refers to a fund with 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. The scale of the fund is not fixed, but new shares can be issued according to market supply and demand or investors can redeem the investment fund at any time. Compared with open-end funds, closed-end funds refer to funds whose scale has been determined before issuance, and whose scale is a fixed investment within a specified period after issuance. From the accounting point of view, capital is a narrow concept, which refers to funds with specific purposes and uses. The funds we are talking about now mainly refer to securities investment funds.

3. It has no duration and theoretically can last forever; The price is determined by the net asset value. Closed-end funds have a fixed deposit period, during which the fund size is fixed. They are usually listed and traded on the stock exchange. Investors buy and sell fund shares through the secondary market. It is not allowed to accept new shares and issue them for a period of time before the new round of opening. When you can decide how much you want to put forward or reinvest, newcomers can also buy shares at this time.

In general, the size of the fund is fixed. The fund shares issued by open-end funds are redeemable, and investors can buy the fund shares at will during the fund's existence, resulting in daily changes in the total capital of the fund. In other words, it is always "open". This is the fundamental difference between closed-end funds and open-end funds.