A fund is established by issuing fund shares to establish an investment fund company, which is usually called a corporate fund; The establishment of fund managers, fund custodians and investors through fund contracts is usually called contractual funds. Here, Bian Xiao will share with you what kind of fund the Beijing Stock Exchange fund is, so that everyone can learn.

What kind of fund is the North Exchange Fund?

Beijing Stock Exchange Fund is a hybrid fund. From the operating mode, all eight funds are two-year hybrid funds.

In other words, the two-year closed period cannot be purchased and redeemed, and it is opened every two years.

Generally speaking, the newly developed fund has no reference to its past performance, so investors must carefully consider it when purchasing, starting from their own affordability. In addition, when choosing a fund manager, you can refer to the working years of the fund manager and the income from managing the fund.

Secondly, the new fund has a closed period, during which it cannot be redeemed or bought, so we should also pay attention to the rational allocation of funds to avoid not taking out the money when necessary.

The proportion of assets invested by the North Exchange Fund in stocks is not less than 60% of the fund assets, and the proportion of shares invested by non-cash funds in the listed assets of the North Exchange is not less than 80%.

The share price of the North Exchange is limited to 30%, which is the biggest fluctuation of A shares at present.

It can be seen that the risk of investment is still relatively large, but if the market is good, the income is also relatively high, so investors must pay attention to its risks when buying. If they can't take the risk, then don't consider buying.

Interpretation of Beijing Stock Exchange Fund

1. The positioning of the North Exchange is higher than that of the Science and Technology Innovation Board, which is the third exchange in China and the first time in 30 years.

2. The establishment of the North Exchange is mainly to help "specialized and innovative" enterprises achieve growth. Most of these enterprises are in the early stage, and there is much room for further growth.

By the end of the third quarterly report, 90% of the selected enterprises have achieved positive profits this year, and the target enterprises are still of relatively high quality. The current valuation of most of the targets is not high, and the average price-earnings ratio of 8 1 share is 35.28 times (unlisted shares are calculated according to the issue price-earnings ratio).

However, it should be noted that these funds of the North Exchange have been established for two years and are not ready to purchase or redeem at any time. They will be imprisoned for two years.

For investors, how to choose the special fund of Beijing Stock Exchange? We should consider these aspects.

1. Select products issued by fund companies with management experience in Public Offering of Fund. The first batch of 8 1 listed companies in Beijing Stock Exchange all come from the selection layer of the New Third Board, and will be selected from the innovation layer in the future.

Therefore, companies that "cultivate" in the selection layer and innovation layer will have the advantage of investing first and then researching and covering in the fund investment of the North Exchange.

2. Choose products issued by fund companies with strong investment and research equipment. So far, the crushing rate of the selected layer is as high as 39.4%. And the science and technology innovation board is only 65,438+0%. In addition, the North Exchange has small enterprises, poor anti-risk ability and great changes in performance.

Therefore, for fund companies, the test is the fundamental research ability of early investment and small investment. So it depends on the experience, background, performance and team strength of the fund manager.

Judging from yesterday's trading data, all eight funds listed on the North Stock Exchange have been raised for half a day, and students who have not caught up can pay attention to new funds one after another.

What kind of fund does the North Exchange Fund belong to?

Beijing Stock Exchange Fund is a hybrid fund. In terms of operation methods, these eight funds are all hybrid funds that will be open for two years.

In other words, it cannot be purchased and redeemed during the two-year blockade period, and it is opened every two years.

Generally speaking, the newly developed fund has no reference to past deeds, and investors must seriously consider it when purchasing, starting from their own affordability. In addition, when choosing a fund manager, you can refer to the working years of the fund manager, the income from managing the fund and so on.

Secondly, the new fund has a lock-up period, which cannot be redeemed or bought by the buyer. Therefore, we should also pay attention to the fair distribution of funds and prevent the money from being taken away when necessary.