According to the purpose of investment, mutual funds can be divided into positive growth funds and conservative income funds. The former is concerned about the long-term appreciation of investment funds, while the latter is concerned about the immediate maximum return of investment funds. Growth funds's investment targets are all kinds of stocks and options with high capital appreciation ability, while income funds focus on investing in all kinds of money market financial instruments, bonds and stocks with high interest rates.
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It is reported that in order to help poor villages and poor households develop together, speed up the pace of poverty alleviation, and solve the "last mile" problem of poverty alleviation, the county actively explores new measures, and carries out the pilot work of "Fu Xiao Mutual Fund for Poverty Alleviation" in Fuxiao Village, Donglinxi Town, a poor village, to innovate the financing methods for the development of poor villages and poor households, and to give full play to the joint efforts of assistance.
It is planned to raise donations from all parties, set up mutual aid associations and set up mutual aid funds in the village in the way of "villagers fully voluntarily and actively mobilizing cadres and workers of helping units, villagers who have successfully started businesses abroad and enterprises under their jurisdiction".
The local Party committee and government, in light of the actual situation, have formulated and promulgated scientific and specific management measures, set up special accounts and unified management, which are mainly used for emergency assistance of villagers in Fu Xiao Village and condolences of poor households. The financial department should strengthen supervision and ensure earmarking.
Baidu Encyclopedia-Mutual Fund