Related differences:

First of all, the concept is different:

1. Fund:

A certain amount of funds set up for a certain purpose. It mainly includes trust and investment funds, provident funds, insurance funds, retirement funds and funds of various foundations.

2.* * * The same fund:

* * * The same fund is also called an indefinite investment company. An investment trust organization that provides investments for small business owners and distributes stocks that can be converted into cash at any time.

Second, the characteristics are different:

1. Fund:

According to whether fund units can be increased or redeemed, they can be divided into open-end funds and closed-end funds. Open-end funds are not listed and traded, 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.

2.* * * The same fund:

* * * The assets of the same fund are larger than those of ordinary investors, so it is enough to spread the funds among different stocks and even different investment tools, so as to achieve real risk diversification and avoid heavy losses due to a wrong stock selection.

Extended data

Investment funds originated in Britain and prevailed in the United States. Massachusetts Investment Trust (MIT) was established in Boston on March 2 1924. It is the first open-end enterprise fund in the world and the first modern mutual fund in the United States. In the following years, investment funds experienced their first glorious period.

* * * The sponsors of funds are generally financial service companies, such as fund companies, brokers, banks or insurance companies. The promoters invest the initial capital for the fund and convene the third parties needed to operate the fund. In the United States, sponsors must register funds with the US Securities and Exchange Commission.

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