What are the classification methods?
1, depending on the filling method
According to the different ways of raising funds, securities investment funds can be divided into Public Offering of Fund and private equity funds.
2. According to whether it can be listed and traded.
According to whether it can be listed on the stock exchange, securities investment funds can be divided into listed funds and unlisted funds. A listed fund refers to a securities investment fund whose fund shares are listed and traded on a stock exchange.
3. According to the running mode (/front/course_list/ 1)
According to the different modes of operation, securities investment funds can be divided into closed-end securities investment funds and open-end securities investment funds.
4, according to the organizational form
According to different organizational forms, securities investment funds can be divided into corporate securities investment funds and contractual securities investment funds.
There are five risks.
First: market exposure risk
Market exposure risk refers to the actual market value of money market funds, that is, the risk of deviation between the net value of funds valued by market method and the fund price (usually the face value of funds).
Second: policy risk.
Changes in national macro policies, such as fiscal policy, monetary policy, industrial policy and regional development policy, lead to market price fluctuations, affect fund income and generate risks.
Third: credit risk
Including the credit risk of bonds, bills and other instruments invested by the fund itself, as well as the door-to-door risk of investment based on a transaction, such as repurchase agreements.
Fourth: interest rate risk.
The fluctuation of interest rate in financial market will lead to the change of price and yield in securities market. Interest rate directly affects the price and yield of bonds and the financing cost and profit of enterprises. The fund invests in bonds and stocks, and its income level may be affected by changes in interest rates.
Fifth: business cycle risk.
With the cyclical change of economic operation, the income level of the securities market also changes periodically, and the income level of fund investment will also change accordingly, thus generating risks.
Sixth: the risk of bond yield curve change.
The risk of bond yield curve change refers to the risk related to the non-parallel movement of yield curve, and a single duration index can not fully reflect the existence of this risk.