Introduction of novice fund: Investment fund is an investment tool that collects the funds of many investors and forms independent property. Fund custodians (usually commercial banks) entrust fund managers to invest in securities in the form of portfolio. It is a collective investment model with * * * returns and * * risks. There is no standard answer to this question. The focus of investment is to get the maximum return with the least risk. The value of investment depends on your personal risk tolerance and professional ability. If you have strong analytical and research skills, it may be more efficient to invest directly in stocks. However, if you don't have professional knowledge and a lot of time to pay attention to the market, it may be more valuable to leave it to the fund.

1. The advantages of the fund are proficient in financial management, rich experience, portfolio investment and scattered risks. Convenient investment and strong liquidity. The cost of investing in open-end funds varies according to the types of investment funds. Generally speaking, the highest fee is the actively managed stock fund, and the lowest fee is the money fund. When investors buy from different channels, the yield of the same fund may be different. To know exactly when you can enjoy the benefits, you need to understand the concept of trading day, which is usually called T-day. T-day refers to the working day when the open-end fund sales organization accepts the application of investors for subscription, exchange and redemption within the specified time. The trading day is limited to the closing time of the exchange. Transactions submitted before 15:00 every day shall be settled according to the net value announced after the close of the day. Transactions submitted after 15:00 shall be delivered according to the net value of the next trading day. Weekends or holidays are not trading days. According to the fund trading rules, the subscription will be initiated before T 15:00, and the transaction will be confirmed on t+ 1 day. After confirmation, you can enjoy the benefits.

2. According to the fund trading rules, it generally takes two working days for the fund redemption to be confirmed by the system. But different types of funds have different redemption times. The redemption time of the Fund on the online trading platform of Tian Tian Fund is as follows: monetary fund: T+ 1 or 2 working days; Financial funds: T+ 1 or 2 working days; Bond fund: T+2 or 3 working days; Equity funds: T+3 or 4 working days; QDII: T+8- 13 working days; Some special products may be delayed by one or two working days. The collection time is subject to bank settlement. The expected annualized rate of return of other financial instruments is too low, and the short-term fluctuation of simply buying stocks is too great. The expected annualized rate of return and risk attribute of the fund are between the two, and the liquidity is very good. It performs well in three important attributes: expected annualized income, liquidity and risk. It is only a relatively fixed product with expected annualized income, and the expected annualized income is uncertain. Therefore, the fourth pole time must be introduced to consolidate the expected annualized income.