Funds issued by banks are funds issued by fund companies established by banks.
At present, there are two kinds of domestic fund companies: new fund companies initiated by banks and old fund companies established before, and the fund products of old fund companies are also sold by banks.
There is a principal-agent relationship between investors who buy funds and fund companies (fund managers). Fund companies manage their wealth on behalf of their clients and strive for better returns, and fund companies themselves also receive "management fees" as rewards.
Funds are mainly divided into money funds and stock funds.
In addition to the above two types of funds, funds in a broad sense also include social security funds, insurance funds and enterprise annuities.
Interested in watching "China Fund Network".