All 1-yuan funds are an indirect form of securities investment.

Fund management companies pool investors' funds through the issuance of fund units, which are custodian by the fund custodian (i.e. a qualified bank). The fund manager manages and uses the funds to invest in stocks, bonds and other financial instruments, and then assumes the responsibility

Investment risks and profit sharing.

According to different standards, securities investment funds can be divided into different categories: - Based on whether fund units can be added or redeemed, they can be divided into open-end funds and closed-end funds.

Open-end funds are not listed for trading, and are generally purchased and redeemed through banks, and the fund size is not fixed; closed-end funds have a fixed duration, during which the fund size is fixed, and are generally listed and traded on securities exchanges, and investors buy and sell funds through the secondary market.

unit.

——According to different organizational forms, they can be divided into corporate funds and contract funds.

A fund is established by issuing fund shares to establish an investment fund company, which is usually called a corporate fund; it is established by a fund manager, a fund custodian and an investor through a fund contract, which is usually called a contract fund.

At present, my country's securities investment funds are all contract funds.

———According to different investment risks and returns, funds can be divided into growth, income and balanced funds.

———According to different investment objects, it can be divided into stock funds, bond funds, money market funds, futures funds, etc.