Everyone must know about public funds, but do you know what mutual funds mean?

Does China have mutual funds?

***What are the same funds?

Let me give you a detailed introduction below.

1. Does China have mutual funds?

In fact, each country has different names for investment funds. For example, mutual funds in the United States, unit trusts in the United Kingdom and Hong Kong, and securities investment trusts in Japan. Although the names are different, the essence is the same.

A mutual fund is a fund that brings together the funds of many dispersed investors. It is a collective investment method with maximum sharing of benefits and minimum risks.

Then China must also have mutual funds.

2. What are the different funds?

There are many types of mutual funds. Below, I will introduce to you which mutual funds there are based on different classification standards.