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How to apply for a fund
1. Subscription funds can be purchased on fund platforms, such as third-party platforms of banks and fund companies;

2. Choose a fund you just want to buy and click Buy;

3. Enter the purchase amount, which must meet the minimum purchase amount of the fund.

4. Choose payment methods, such as bank card and Alipay;

5. You also need to pay the purchase fee when purchasing, and make sure that you have enough money to pay when paying;

6. After buying the fund share, wait for the fund to confirm the quota;

7. If the share is confirmed successfully, the user will successfully subscribe for the fund.

First, the form of funds.

1. which is the earliest hedge fund is still uncertain. During the great bull market in the United States in the 1920s, there were countless such investment tools specifically for the rich. One of the most famous is the Graham Newman Partnership Fund founded by Benjamin Graham and Jerry Newman.

2. In 2006, Warren Buffett declared in a letter to the American Museum of Finance that the Graham Newman Partnership Fund in the 1920s was the earliest known hedge fund, but other funds may appear earlier.

3. In the economic recession of 1969- 1970 and the stock market crash of 1973- 1974, many early funds suffered heavy losses and closed down one after another. In 1970s, hedge funds usually focused on one strategy, and most fund managers adopted the long-short stock model. During the economic recession in 1970s, hedge funds were once ignored. It was not until the late 1980s that several successful funds were reported in the media before they returned to people's sight.

The big bull market in the 1990s created a batch of new wealth, and hedge funds blossomed everywhere. Because hedge funds emphasize the income distribution mode with consistent interests and the investment mode of "outperforming the market", traders and investors pay more attention to hedge funds In the next decade, the investment strategies of hedge funds will emerge one after another, including credit arbitrage, junk bonds, fixed-income securities, quantitative investment, multi-strategy investment and so on.

4.265438+In the first decade of the 20th century, hedge funds swept the world again. In 2008, the total assets held by global hedge funds reached 1.93 trillion US dollars. However, the credit crisis in 2008 hit hedge funds hard, and their value shrank. In addition, the liquidity of some markets has been blocked, and many hedge funds have begun to restrict investors' redemption.

Second, open-end funds.

1. open-endfunds (LOF) are called "Listened Open-end Fund" or "Open-end Funds" in English, "Listed Open-end Funds" in Chinese and * * * mutual funds abroad. In other words, after the issuance of listed open-end funds, investors can purchase and redeem fund shares at designated outlets, or buy and sell funds on exchanges. However, if investors want to sell the fund shares purchased at designated outlets, they must go through certain transfer custody procedures; Similarly, if you want to redeem the fund shares you bought online on the exchange and redeem them at designated outlets, you must also go through certain transfer custody procedures.

2. It is a fund with variable issuance, and the total number of fund shares (or units) can be increased or decreased at any time. Investors can purchase or redeem it at the business place designated by the fund manager according to the quotation of the fund. Compared with closed-end funds, open-end funds have the characteristics of unlimited issuance, transaction price based on net asset value, over-the-counter transaction and relatively low risk, which is especially suitable for small and medium-sized investors to invest.