South Yongyuan is very good. He is famous for holding bonds for one year, and the people's response to this bond is very good.

fund, English is fund, which broadly 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 perspective of accounting, fund is a narrow concept, which means funds with specific purposes and uses. The funds we mentioned mainly refer to securities investment funds.

Classification

According to different standards, securities investment funds can be divided into different types

(1) According to whether the fund units can be increased or redeemed, they can be divided into open-end funds and closed-end funds. Open-end funds are not traded on the market (it depends on the situation), and the fund size is not fixed through subscription and redemption by banks, brokers and fund companies; Closed-end funds have a fixed duration, generally listed and traded in securities exchanges, and investors buy and sell fund units through the secondary market.

(2) According to different organizational forms, it can be divided into corporate funds and contractual funds. Funds are established by issuing fund shares to establish investment fund companies, which are usually called corporate funds; Fund managers, fund custodians and investors are established through fund contracts, which are usually called contractual funds. China's securities investment funds are all contractual funds.

(3) According to the difference of investment risks and returns, it can be divided into growth funds, income funds and balanced funds.

(4) According to different investors, it can be divided into four categories: money funds, bond funds, hybrid funds and equity funds.

corporate fund

is also called * * * mutual fund, which means that the fund itself is a joint stock limited company, and the company raises funds by issuing shares or beneficiary certificates. When an investor buys the shares of the company, he becomes a shareholder of the company, receives dividends or bonuses with the shares, and shares the income from the investment.

Features

1. * * * The same fund is a joint-stock company, but it is different from ordinary joint-stock companies, and its business focuses on securities investment trusts.

2. * * * The fund is the capital of the company as a legal person, that is, shares.

3. The structure of the fund is the same as that of a common joint-stock company, with a board of directors and a shareholders' meeting. Fund assets are owned by the company, and investors are the shareholders of this company and the ultimate holders of its assets. Shareholders exercise their rights at the shareholders' meeting according to the size of their shares.