All funds under Huaxia Fund Company are Public Offering of Fund.

Huaxia Fund Company currently manages four closed-end funds, 10 open-end funds, 1 Asian bond funds and several entrusted investment portfolios of the National Social Security Fund. It is one of the fund management companies with the largest number of funds and the most complete variety in China. Huaxia Fund Company ranked eighth in comprehensive performance. The star fund selected by Huaxia Market achieved a yield of 9 1.4% in the first half of the year, ranking first among all funds, while its VaR value was only 7.73%. In addition, the yield of Huaxia Growth, Huaxia Return and Huaxia Dividend Growth in the first half of the year also exceeded 60%.

The so-called private equity fund refers to a fund set up by private placement to raise funds for a few institutional investors. Because the sale and redemption of private equity funds are conducted through private consultation between fund managers and investors, they are also called funds raised from specific targets.

Compared with Public Offering of Fund such as closed-end funds and open-end funds, private equity funds have very distinct characteristics, which makes private equity funds have incomparable advantages in Public Offering of Fund.

First, private equity funds raise funds in a private way. In the United States, children's funds and pension funds in Public Offering of Fund generally attract customers by advertising through public media. According to relevant regulations, private equity funds are not allowed to use any media to advertise, and their participants mainly join through so-called "reliable investment information" or direct knowledge of fund managers.

Secondly, in terms of fundraising targets, private equity funds are only targeted at a few specific investors, and the circle is small but not low. For example, in the United States, hedge funds have very strict regulations on participants: if they participate in the name of individuals, their annual income in the last two years will be at least $200,000; If you participate in the name of the family, the family's income in the past two years is at least 300,000 US dollars; If you participate in the name of an institution, its net assets will be at least $6,543,800+0,000, and the number of participants will be limited accordingly. Therefore, the investment goal of private equity funds is very strong, which is more like an investment service product tailored for middle-class investors.

Third, unlike Public Offering of Fund's strict information disclosure requirements, the requirements of private equity funds in this respect are much lower, and the government supervision is relatively loose, so the investment of private equity funds is more hidden, the operation is more flexible, and the chances of obtaining high returns are correspondingly greater.

In addition, a notable feature of private equity funds is that fund sponsors and managers must invest their own funds into fund management companies, and the success of fund operation is closely related to their own interests. Judging from the current international practice, fund managers generally hold 3%-5% of the shares of the fund. In case of loss, the shares owned by the manager will be used to pay the participants first. Therefore, the promoters, managers and funds of private equity funds are as close as lips and teeth, and honor and disgrace are integrated with the interests of * * * *, which also solves the inherent weakness of managers' interests and incentive mechanism in Public Offering of Fund to some extent.

A public offering is a public offering. Publicity has two meanings: the first is that you can advertise and raise money from all the people you know and don't know. The second is that the number of proposed objects is relatively large, for example, it is generally defined as more than 200 people.

The characteristics of private equity funds can be seen from this:

First of all, private equity fund is a special kind of investment fund, mainly relative to public funds;

Second, private equity funds generally only raise funds in "small circles" (only for a specific few investors);

Thirdly, the operation process of the sale and redemption of private equity funds has the characteristics of private consultation and dependence on private trust.

Fourth, the investment starting point of private equity funds is usually high, and natural persons, legal persons and other organizations generally require property of a specific scale;

Fifth, private equity funds are generally not allowed to use public media for advertising, that is, they are not allowed to openly attract and attract investors;

Sixth, fund sponsors and fund managers of private equity funds usually invest with their own funds, thus forming a mechanism of interest bundling, risk sharing and income sharing;

Seventh, the regulatory environment of private equity funds is relatively loose, that is, the government usually does not strictly supervise;

Eighth, the information disclosure requirements of private equity funds are not strict;

Ninth, private equity funds have high confidentiality;

Tenth, private equity funds respond quickly and have very flexible and free operating space;

Eleventh, the return on investment of private equity funds is relatively high (that is, the probability of high returns is relatively high);