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What are the classifications of funds?
Understanding the classification of funds is the first step in investing in funds.

(1) According to different operation modes, funds can be divided into closed-end funds and open-end funds.

(2) According to different investors, funds can be divided into stock funds, hybrid funds, bond funds and money market funds, and their risks and returns are from high to low.

(3) According to different investment objectives, equity funds can be divided into growth funds, value funds and balanced funds.

(4) According to different management types, funds can be divided into active funds and index (passive) funds.

(5) Special type funds