Characteristics of stock funds: ① Compared with other funds, stock funds have diverse investment objects and diverse investment purposes.

② Compared with investors investing directly in the stock market, stock funds have diversified risks.

Features such as lower cost.

For ordinary investors, personal capital is limited after all, and it is difficult to reduce investment risks by diversifying investment types.

However, if you invest in stock funds, investors can not only share the income of various stocks, but also diversify the risks across various stocks by investing in stock funds, which greatly reduces investment risks.

In addition, investors who invest in stock funds can also enjoy the relative cost advantages of large investment funds, reduce investment costs, improve investment efficiency, and gain the benefits of economies of scale.

③From the perspective of asset liquidity, stock funds have the characteristics of strong liquidity and high liquidity.

The investment objects of stock funds are stocks with excellent liquidity. The fund assets are of high quality and can be easily liquidated.

④For investors, stock funds have stable operations and considerable returns.

Generally speaking, stock funds are less risky than stock investments.

Therefore, the income is relatively stable.

Not only that, after the closed-end stock fund is listed, investors can also obtain the bid-ask spread by trading on the exchange.

After the fund expires, investors have the right to distribute the remaining assets.

⑤ Stock funds also have the function and characteristics of financing in the international market.

As far as the stock market is concerned, the degree of internationalization of its capital is lower than that of the foreign exchange market and bond market.

Generally speaking, the stocks of each country are basically traded in the domestic market, and stock investors can only invest in stocks listed in their own country or in the stocks of a few foreign companies listed locally.

In foreign countries, stock funds have broken through this restriction. Investors can invest in the stock markets of other countries or regions by purchasing stock funds, thus playing a positive role in promoting the internationalization of the securities market.

Judging from the current situation of overseas stock markets, a large part of stock fund investment objects are foreign company stocks.

Securities investment fund is a collective securities investment method with maximum benefits and maximum risks. That is, through the issuance of fund units, investors' funds are pooled and held in custody by the fund custodian. The fund manager manages and uses the funds.

Engage in investing in financial instruments such as stocks and bonds.

In my country.

The fund custodian must be a qualified commercial bank, and the fund manager must be a professional fund management company.

Fund investors enjoy the benefits of securities investment funds but also bear the risk of losses.

The characteristics of securities investment funds are: (1) Securities investment funds are funds operated, managed and exclusively invested in the securities market by experts.

my country's "Interim Measures for the Management of Securities Investment Funds" stipulates that the proportion of securities investment funds investing in stocks and bonds shall not be less than 80% of the total asset value of the fund.

Fund assets are managed by professional fund management companies.

Fund management companies are equipped with a large number of investment experts who not only have extensive knowledge of investment analysis and investment portfolio theory, but also have accumulated considerable experience in the investment field.

(2) Securities investment funds are an indirect form of securities investment.

Investors invest in the securities market indirectly by purchasing funds.

Compared to buying stocks directly.

Investors have no direct relationship with the listed company, do not participate in the company's decision-making and management, and only have the right to distribute the company's profits.

If investors invest directly in stocks and bonds, they become the owners of the stocks and bonds and must directly bear the investment risks.

If an investor purchases a securities investment fund, the fund manager will specifically manage and operate the fund assets and conduct securities buying and selling activities.

Therefore, for investors, securities investment funds are an indirect securities investment method.

(3) Securities investment funds have the advantages of small investment and low expenses.

In my country, the face value of each fund unit is RMB 1.

The minimum investment amount of securities investment funds is generally low. Investors can buy more or less fund units according to their financial resources, thereby solving the problem of "not much money and difficulty in entering the market" for small and medium-sized investors.

Funds generally have lower fees.

According to general practice in the international market, the management fees charged by fund management companies to funds for providing fund management services are generally 1% - 2.5% of the net asset value of the fund, and the fees that investors need to pay to purchase funds are usually 1% of the total subscription amount.

0.25%, less than what it costs to buy the stock.

In addition, because funds concentrate a large amount of funds for securities transactions, they can usually get discounts from securities firms in terms of handling fees. In order to support the development of the fund industry, many countries and regions also provide tax incentives for funds, allowing investors to pass

The tax borne by the Fund on its investment in securities is no higher than the tax borne by its direct investment in securities.

(4) Securities investment funds have the benefits of portfolio investment and risk diversification.

According to the experience of investment experts, a minimum of risk diversification should be achieved in investment.

There is a proverb in investment: "Don't put your eggs in the same basket." However, small and medium investors usually cannot do this.

If an investor invests all their money in a company's stock, they may lose everything if the company goes bankrupt.

Securities investment funds pool small funds from many small and medium-sized investors.

The formation of strong financial strength can diversify investors' funds into various stocks at the same time, so that losses caused by falling prices of certain stocks can be compensated for by profits from rising prices of other stocks, diversifying investment risks.