What is the meaning of the fund name?
The name of a public offering fund usually consists of four parts.
1. The first part of the fund name, that is, the first few words, is the name of the fund company, which is often abbreviated. For example, Huaxia Fund Company writes "Huaxia". In addition, if this fund can be listed and traded at the same time, such as LOF or ETF, according to the regulations of the stock exchange, the abbreviation of the market must be within four words, so it is difficult to see the full name of the fund company. So I suggest that when you see the name of the fund, you can check its full name and get more detailed information.
2. There are many types of the second part of the fund name, such as those reflecting the general direction of fund investment, such as large-cap stocks and small-cap stocks; Some specify the theme or industry direction of fund investment, such as health care, new energy, consumption, high-end manufacturing and so on. Others reflect the investment style of the fund, such as positive, steady and value; Some names sound loud, such as lead, advantage, return and so on. Through this part, we can generally see the investment characteristics of a fund.
3. The third part is the types of funds, including currency type, bond type, mixed type, stock type, index type and so on.
4. The fourth part is the letter suffix. More letter suffixes are A and C, and different letters have different meanings. For example, Class A (suffix plus A, the same as C below) refers to the front-end charge, that is, the subscription fee is charged at the time of subscription, and the refund fee is deducted at the time of redemption. Class C funds are exempt from subscription and redemption fees, and his charging mode is to charge sales service fees.
Investors can learn a lot about the fund through its name. After understanding, they need to know the risk and return of the fund and the basic information of the fund manager, so as to screen out the funds suitable for their investment. If you choose stock funds and hybrid funds with large fluctuations, you can make fixed investment for long-term investment. If it is a money fund or a bond fund, it can be purchased at one time.