The name of the fund bought by Evergrande cannot be changed, and the name of the fund is also changed by the company. The naming of funds is also quite regular, which varies according to the company name, investment direction, characteristics and types of funds.

1. What do A and C after the fund name mean respectively?

The suffix of money fund mainly has two letters: A and B, and their differences are mainly reflected in two aspects: investment threshold and sales service fee. The threshold of a currency is very low, even 10 yuan can start to invest, which is almost zero. However, the capital threshold is relatively high, usually the purchase threshold is more than one million yuan, which is suitable for institutions and large investors. It is precisely because of the high investment threshold of Class B that the sales service fee will be discounted, usually 0.0 1%. Because the sales service fee of B is relatively low, the annualized rate of return of B will be a little higher than that of A, ranking in front of the income list of the Monetary Fund. There are three types of funds, namely stock funds, hybrid funds and bond funds. The difference lies in the different charging methods. Is there a preferential subscription fee for subscribing to Class A funds? To sum up, Class A funds are more suitable for long-term holding, but the purchase depends on whether there is a preferential subscription rate.

2. What are the meanings of lof and etf after the fund name?

LOF fund is a publicly traded open-end fund, which can be traded both on-site and off-site, and traded in the stock exchange market like ETF fund. LOF funds include index funds that passively track indexes and stock funds that are actively managed. In terms of subscription and redemption, ETF funds exchange fund shares and "a basket" of stocks with investors. In other words, ETFs are physical transactions and redemptions, and investors use stocks instead of cash. There is a minimum requirement for the number of purchases and redemptions of ETF funds, at least 500,000-1 10,000 copies. The threshold is relatively high, generally institutions and powerful local tyrants.

Finally, if you want to buy a fund, you need to know the basic knowledge of the fund. Different funds have different types and their advantages and disadvantages will be different. Funds can't say that they choose the best, and they can generally make money by choosing the one that suits them best.