*** The same fund is also called an indefinite investment company. An investment trust organization that provides investment for small property owners and distributes stocks that can be converted into cash at any time. In western countries, due to the developed securities market and serious speculation, people can't decide which stock to buy or when to buy and sell. Some people who have experience in securities business set out from the pursuit of income, capital appreciation and even speculation, organized "the same fund", raised funds by themselves, and pooled investors' funds to buy a variety of securities. At the same time, they provided investors with alternative purchase schemes and collected commissions from them. Investors can also exchange investment types by paying some fees as needed. The price at which the shares are sold is not directly affected by the market, but only depends on the price of securities held by the same fund. Usually, each share only represents the net asset value of the same fund (total assets minus total liabilities and then divided by the number of shares). In recent years, the IMF has also appeared in some areas, which has played a positive role in raising funds for economic construction and prospering the securities market.

The main advantages are:

Liquidity is quite flexible

When investors don't want to invest, they can choose to quit at any time, and the money for redeeming domestic bond funds can be received on the next business day, and domestic equity funds and overseas funds can get the money in about one week. Unlike other investment tools, there is a risk of not selling.

a small amount of money can be invested in the world

*** The same fund is to spread the investment in different targets, even in different financial markets (regions and countries). Investors can share the fruits of economic growth in various regions of the world with a minimum of 3, yuan (fixed time quota). Compared with other investment tools, the lower investment limit is much smaller.

high security

*** The same fund adopts the principle of separation of custody and operation. If the fund company or custodian bank goes bankrupt unfortunately, the creditor may not request to detain or exercise other rights on the fund assets, and the rights and interests of investors will not be affected.