1. Securities investment funds raise funds for securities investment by raising funds. The main way to raise funds is to issue fund bonds to investors, and to pool the small funds scattered by many investors into a large fund to invest in securities such as stocks and bonds.
2, the securities investment fund is the use of trust relationship for securities investment. The so-called trust is the act of entrusting my property to a trusted third party to manage and use it according to my requirements. Investors entrust their property to a professional institution for securities investment, which is their trust in the institution, which manages and invests in full accordance with the requirements of investors and distributes the proceeds to investors. Obviously, this is an act of trust.
3. Securities investment fund is an indirect way of securities investment. After investors buy fund shares, the fund invests its own property in the securities market. Obviously, investors' securities investment is indirect. Therefore, investors cannot participate in the decision-making and management of companies that issue securities.
Extended data:
Securities investment funds have the following four characteristics:
1. Securities investment fund is a collective investment system.
Securities investment fund is a kind of overall portfolio investment, which collects huge funds from investors and establishes investment management companies for professional management and operation. Under this system, the operation of funds is subject to multiple supervision.
2. Securities investment fund is a kind of trust investment.
Like the general financial trust relationship, it mainly includes three parties: the principal, the trustee and the beneficiary, among which there is a trust deed between the trustee and the principal. However, as a form of financial trust business, securities funds have their own characteristics. For example, there is an indispensable custodian in the main body engaged in securities investment, which cannot be held by the same institution as the trustee (fund management company). The fund custodian is generally a legal person.
3. Securities investment fund is a kind of financial intermediary.
It exists between investors and investment objects, and through specialized institutions, it plays the role of transforming investors' funds into financial assets and reinvesting them in financial markets, thus increasing the value of monetary assets. Managers of securities investment funds have the responsibility to manage the funds invested by investors, and must determine the investment of funds according to the requirements of contracts (or contracts) to ensure the safety of investors' funds and maximize the benefits.
4. Securities investment fund is a securities investment tool.
The certificates issued by it, that is, fund certificates (or beneficiary certificates, fund shares and fund shares), together with stocks and bonds, constitute three kinds of securities. Investors complete their investment behavior by purchasing fund bonds, share the investment income of securities investment funds and bear the investment risks of securities investment funds.
Baidu encyclopedia-securities investment fund