Although many online fund trading platforms can apply 7*24 hours, the working days for sales organizations to accept open-end fund subscription, fixed investment, conversion, redemption or other trading applications within the specified time are limited, so it is still necessary to follow the trading days of the stock exchange.
According to different standards, securities investment funds can be divided into different types:
(1) According to whether the fund unit can be increased or redeemed, it 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), but are purchased and redeemed by banks, brokers and fund companies, and the fund scale is not fixed; Closed-end funds have a fixed duration and are generally listed and traded on the stock exchange. Investors buy and sell fund shares through the secondary market.
(2) According to different organizational forms, it can be divided into corporate funds and contractual funds. A fund is established by issuing fund shares to establish an investment fund company, which is usually called a corporate fund; It is established by fund managers, fund custodians and investors through fund contracts, and is usually called contractual funds. China's securities investment funds are all contractual funds.
(3) According to the different 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 bond funds, stock funds, money funds and hybrid funds.
Automatic investment plan
Fund regular investment is a way of fund subscription business. Investors can submit an application through the fund's sales organization and agree on the time, amount and method of each deduction. The sales organization will automatically complete the deduction and fund subscription in the fund account designated by the investor on the agreed deduction date.