Introduction of fund units
Fund stock index refers to funds that invest a considerable proportion in the stock market. For example, ICBC-UBS Steady Fund, which is being issued now, puts 60-95% of its investment in stocks, so even a partial stock fund, its stock investment accounts for 60% or more of its net asset value.
As an investment tool, fund share plays an important role in the stock market. Take the United States as an example From 65438 to 0993, the stock of American funds was $749 billion, accounting for 36% of the total value of American funds and 13% of the total market value of stocks. From 65438 to 0996, it increased to 1750 1 billion dollars, accounting for 49% of the total value of American funds.
Fund stocks can be divided into preferred stock funds and common stock funds according to the investment objects, and preferred stock funds can obtain stable income. The risk is small, and the income distribution is mainly based on dividends. At present, the largest one is ordinary stock funds.