What are the types of funds? Let's get to know each other.

The types of funds include trust funds, insurance funds, retirement funds and savings funds. The following is a detailed introduction:

1, trust fund

Trust fund is a new model in the process of investment and financial management. Through the form of contracts or companies, through the issuance of capital vouchers, these investors' funds will be concentrated, and the unequal funds of most uncertain investors in society will be concentrated, thus forming a certain scale of funds, namely trust assets. Give these funds to specialized institutions to manage them, diversify investments according to these principles, reduce risks, and share the benefits obtained through these investments in a certain proportion. It has the advantages of reasonably avoiding taxes and fees, ensuring the integrity of assets to the greatest extent, and managing assets according to the wishes of the client.

2. Insurance fund

Insurance fund refers to a special fund set up by an insurance institution specializing in risk management by collecting insurance premiums according to the provisions of laws or contracts, which is specially used for the compensation of economic losses or the payment of personal injuries caused by insurance accidents, and is a condition for insurers to fulfill their insurance obligations. Insurance fund is a kind of social reserve fund. The main forms of social reserve fund are: centralized reserve fund, self-insurance reserve fund and insurance reserve fund. The reserve in the form of insurance, that is, insurance fund, is a kind of reserve formed by insurance institutions to collect insurance premiums from policyholders through signing contracts, which is used to compensate the losses caused by insurance accidents.

3. Retirement funds

Retirement fund refers to the fund allocated by the government, enterprises, trade unions or other organizations every year to pay employees' pensions. Because the retirement fund is to meet the retirement needs of employees, it will not pursue short-term remuneration, but long-term stable remuneration. Because the pension provided by the government can't really meet the needs of retirement, some fund operators have recently launched the so-called life goal fund, emphasizing that the product contains the concept of pension, and the rate of return will be higher than that of public pension to meet people's retirement planning.

4. Reserve fund

Provident fund, also known as company reserve fund, refers to a kind of money drawn from the company's profits according to law in order to enhance its own property capacity, expand production and operation and prevent accidental losses, and is not used as part of income or dividend distribution income. Mainly used for: making up the company's losses, expanding the company's production and operation, and increasing the company's capital. The housing accumulation fund system is actually a housing security system and a form of monetization of housing distribution. The housing accumulation fund system is an important social security system for housing stipulated by national laws, which is mandatory, mutually supportive and guaranteed. Units and individual employees must fulfill their obligations to pay housing provident fund according to law. The housing provident fund paid by individual employees and the housing provident fund paid by the unit shall be stored in special accounts and owned by individual employees.

The above is what Bian Xiao shared today, and I hope it will help everyone.