Funds have broad and narrow definitions. Broadly speaking, it refers to a certain amount of funds set up for a certain purpose, such as trust and investment funds, provident funds, retirement funds, etc. In a narrow sense, it refers to funds with specific purposes and uses.
Funds usually refer to securities investment funds. The income of securities investment funds comes from the future, and the performance of the income is inseparable from the performance of the investment target market, which has certain risks.
The advantages of ETF index funds are very obvious:
First, the handling fee is only half or more than that of other funds.
Second, the positions are very scattered, the risk is lower and the holding experience is better.
Third, the positions are transparent, avoiding the risks of rat warehouses and shady transactions.