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What are the classifications of fund products?
Fund, broadly speaking, refers to a certain amount of funds set up for a certain purpose. It mainly includes trust and investment funds, provident funds, insurance funds, retirement funds and funds of various foundations. From the accounting point of view, capital is a narrow concept, which refers to funds with specific purposes and uses.

Fund types include:

1, which can be divided into open-end funds and closed-end funds according to whether the fund units can be increased or redeemed. Open-end funds are not traded on the market (as the case may be), but are purchased and redeemed by banks, brokers and fund companies, and the fund scale is not fixed; Closed-end funds have a fixed duration and are generally listed and traded on the stock exchange. Investors buy and sell fund shares through the secondary market.

2. According to different organizational forms, it can be divided into corporate funds and contractual funds. A fund is established by issuing fund shares to establish an investment fund company, which is usually called a corporate fund; Established by fund managers, fund custodians and investors through fund contracts, usually called contractual funds;

3. According to the different investment risks and returns, it can be divided into growth funds, income funds and balanced funds;

4, according to the different investment objects, can be divided into stock funds, bond funds, money market funds, futures funds, etc.

Tips: The above contents are for reference only. There are risks in entering the market, so investment needs to be cautious. Before making any investment, make sure that you fully understand the investment nature and risks involved in the product, and then judge whether to participate in the transaction by yourself after carefully understanding and evaluating the product.

Ping An Bank sells a variety of fund products on a commission basis, and the risk and investment direction of each fund are different. You can log in to Ping An Pocket Bank APP- Finance-Wealth Management-Fund Channel for information and purchase.

Reply time: 2022-0 1- 18. Please refer to the latest business changes announced by Ping An Bank in official website.