In 2020, ABC Huili Fund performed well in equity investment. Layout: 202 1 Zhang Feng, Deputy Director of Investment and General Manager of Investment Department of Agricultural Bank of China Huili, and the one-year holding hybrid securities investment fund of Agricultural Bank of China will be publicly issued from 202 1 to 65438+1October 25th.
It is understood that the stock investment ratio of the newly developed strategic income hybrid fund of Agricultural Bank of China is 60%-95%. In the case of good market opportunities, it can fully enjoy high positions and capture more investment opportunities. Agricultural Bank of China Huili strategic income hybrid fund sets a one-year holding period for each fund share, which takes into account liquidity, avoids the influence of short-term funds on the investment stability of the fund, and reduces the erosion of investors' investment income by too frequent redemption.
I. Funding
1, open-end fund (LOF), the full name of which is "Listened Open-end Fund" or "open-endfunds" in English, "listed open-end fund" in Chinese and * * * mutual fund 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. 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.
2. Closed-end funds belong to trust funds, which refer to investment funds whose scale has been determined before issuance, fixed within a specified period after issuance and traded in the securities market. Because closed-end funds are traded by bidding in securities trading, the transaction price is affected by the relationship between market supply and demand, which does not necessarily reflect the fund's net asset value, that is, the transaction price of closed-end funds has a premium and discount phenomenon relative to its net asset value. The practice of foreign closed-end funds shows that the transaction price often has the price fluctuation law of first premium and then discount. Judging from the operation of closed-end funds in China, no matter how the fundamental situation changes, the transaction price trend of closed-end funds in China has never deviated from the price fluctuation law of first premium and then discount.