There are many kinds of funds, such as open-end funds. Maybe some novices don't know much about open-end funds, so what is the significance of open-end funds?

What is the meaning of open-end fund?

Open-end fund, also known as * * * mutual fund, refers to a fund operation mode in which fund sponsors can sell fund units or shares to investors at any time according to the needs of investors, and can redeem the fund units or shares issued externally at the request of investors when setting up funds. Investors can not only sell their fund shares to the fund and withdraw cash, thus reducing the assets and scale of the fund accordingly, but also purchase the fund through the fund sales organization, thus increasing the assets and scale of the fund accordingly.

Knowing the meaning of open-end funds, we need to know the types of open-end funds.

First, according to whether it can be listed on the stock exchange.

1. Listed open-end funds refer to securities investment funds whose fund shares are listed and traded on the stock exchange, and the trading parties of such funds are investors.

2. Contractual open-end funds refer to securities investment funds whose fund shares cannot be listed and traded on the stock exchange.

Second, according to the different investment objects

1, stock funds invest in stocks, accounting for more than 80% of the investment;

2. Bond funds invest in bonds, with bond investment accounting for more than 80%;

3. Hybrid funds refer to the flexible adjustment of the investment ratio of stocks and bonds between the above two types of funds;

4. Money market funds invest in treasury bills, negotiable certificates of deposit of large banks, commercial bills and corporate bonds;

5. Futures funds invest in various futures varieties;

6. Option funds invest in stock options that can distribute dividends;

7. The investment object of the warrant fund is the warrant;

Third, according to different investment styles

1. The main characteristics of growth stock funds are rapid income growth and great potential for future development;

2. The main characteristics of value stock funds are low valuation and high security;

The meaning and types of open-end funds are here for investors, who can learn more about them.