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What's the difference between open-end funds and national debt?
The difference between open-end funds and national debt lies in:

1. Investors can only entrust fund management companies to invest in stocks and bonds when purchasing open-end funds. And the purchase of national debt reflects a creditor-debtor relationship.

2. Open-end funds mainly invest in stocks, so compared with national debt, the income is not fixed and the risk is greater, while the investment income of national debt is fixed and the risk is smaller.