Since September 10, E Fund's small and medium-sized hybrid securities investment fund has been officially renamed as E Fund's high-quality selected hybrid securities investment fund (hereinafter referred to as "E Fund's high-quality selected hybrid securities investment fund"), and its investment scope has been expanded to listed companies in the mainland market and listed companies in Hong Kong market. After the change, the core investment concept of the Fund remains unchanged, and Zhang Kun continues to be the fund manager. The original fund share of E Fund's small and medium-sized mixed fund will be automatically converted into the fund share of E Fund's high-quality selected mixed fund. In addition, from September 10, holders can redeem and transfer fund shares on the open day, but they are still not open to subscription, transfer and regular fixed investment.
: 1. What is a fund?
According to different standards, securities investment funds can be divided into different types:
(1) According to whether the fund share can be increased or redeemed, it can be divided into open-end funds and closed-end funds. Open-end funds are not traded on the market (as the case may be), and the fund scale is not fixed through subscription and redemption by banks, securities companies and fund companies; Closed-end funds have a fixed duration and are generally listed and traded on stock exchanges. 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. Fund is an investment fund company established by issuing fund shares, usually called corporate fund; Usually called contractual fund, it is established by fund managers, fund custodians and investors through fund contracts. China's securities investment funds belong to contractual funds.
(3) According to the different investment risks and returns, it can be divided into growth funds, income-based funds and balanced funds.
(4) According to different investment objects, it can be divided into stock funds, bond funds, money market funds and futures funds.
Types of balanced funds:
Balanced funds can be roughly divided into two types: one is the equity and creditor's rights balanced fund, that is, the fund manager will adjust the allocation ratio of equity and creditor's rights in time according to market changes. When the fund manager is optimistic about the stock market, he will increase the stock position, and when he thinks that the stock market may adjust, he will increase the bond allocation accordingly.
Another kind of balanced fund emphasizes equal dividends while balancing stocks and debts, which is also one of the ways to avoid risks. Take the above-mentioned Morgan double spread fund as an example. According to the fund contract, when the realized income exceeds 65438+ 0.5 times of the bank's one-year time deposit rate (before tax), dividends must be paid. Investors who like dividends can consider such funds.