National funds include 863 Plan, 793 Plan, National Outstanding Youth Fund, Huaxia New Economy, and Southern Flexible Allocation Fund for Consumption Vitality. Among them, the Southern Flexible Allocation Fund for Consumption Vigor belongs to a hybrid fund, which is mainly set up to stimulate consumption vitality. National funds refer to single national markets that invest outside the domestic market, such as China funds, Japanese funds and Korean funds, and also refer to investment funds whose capital comes from abroad and invests in specific countries.

Fund introduction

A fund in a broad sense refers to a certain amount of funds set up for a certain purpose, mainly including trust and investment funds, provident funds, insurance funds, retirement funds and funds of various foundations.

According to whether fund units can be increased or redeemed, they can be divided into open-end funds and closed-end funds. Open-end funds are not listed and traded, while closed-end funds have a fixed duration and are generally listed and traded on stock exchanges.

Open-end fund is one of the basic forms of fund operation in the world. Open-end fund has become the mainstream variety in the international fund market. More than 90% of the fund markets in the United States, Britain, Hongkong and Taiwan Province Province are open-end funds.