According to whether 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 (as the case may be), and the fund scale is not fixed through the subscription and redemption of banks, brokers 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, which can be divided into stock funds, bond funds, money market funds and futures funds according to different investment objects.
Extended data:
Types of balanced funds:
Balanced funds can be roughly divided into two types: one is a balanced fund of stocks and bonds, that is, the fund manager will adjust the allocation ratio of stocks and bonds in time according to market changes. When the fund manager is optimistic about the stock market, he will increase the position of the stock, and when he thinks that the stock market may be adjusted, he will increase the allocation of bonds accordingly.
Another kind of balanced fund, while balancing stocks and debts, emphasizes dividends and pays more attention to the safety of bags, which is also one of the ways to avoid risks.
Take Morgan's double interest balance fund as an example. According to the fund contract, when the realized income exceeds the bank's one-year fixed deposit interest rate (before tax) by 65,438+0.5 times, dividends must be paid. Investors who prefer dividends can consider such funds.