I. Description of Fund Investment
Fund investment is an indirect way of securities investment. Fund management companies concentrate investors' funds by issuing fund shares, which are managed by fund custodians (that is, qualified banks) and managed and used by fund managers to invest in financial instruments such as stocks and bonds, and then * * * bear the investment risks and share the benefits. Generally speaking, the securities investment fund is an investment tool that collects the funds of many investors and gives them to the bank for safekeeping, and the fund management company is responsible for investing in stocks, bonds and other securities in order to maintain and increase the value. Although the fund itself has certain risk prevention ability, it is difficult to completely avoid the overall systemic risk of the securities market.
Second, the classification of funds.
According to the different ways of raising funds, securities investment funds can be divided into Public Offering of Fund and private equity funds. Public offering fund refers to a securities investment fund that raises funds from public investors by public offering and invests in securities. It is open, realizable and highly standardized. Private placement fund refers to a securities investment fund that raises fund funds from specific investors in a non-public way and invests in securities. It is non-public, fund-raising, large investment, closed and unlisted.
Fund trading account is an account set up by the bank for investors to conduct fund trading in the bank. When investors handle fund business through bank agency outlets, they must first open a fund trading account. This account is used to record investors' fund trading activities and their fund shares. Each investor can only apply for opening a fund trading account.