Securities investment funds are an indirect form of securities investment.
Fund management companies pool investors' funds by issuing fund units, and the funds are managed by the fund custodian (i.e. a qualified bank). The fund manager manages and uses the funds to invest in financial instruments such as stocks and bonds, and then shares the proceeds. Of course
You also have to bear the investment risks.
Securities investment funds can be divided into different types according to different standards: according to whether fund units can be added or redeemed, they can be divided into open-end funds and closed-end funds.
Open-end funds are not listed for trading, and are generally purchased and redeemed through banks. The size of the fund is not fixed. Fund units can be sold to investors at any time or bought back at the request of investors. Closed-end funds have a fixed duration.
The size of the fund is fixed during the period and is generally listed and traded on securities exchanges. Investors buy and sell fund units through the secondary market.
According to different organizational forms, they can be divided into corporate funds and contract funds.
Securities investment funds are established by issuing fund shares to establish investment fund companies, which are usually called corporate funds; they are established by fund managers, fund custodians and investors through fund contracts, which are usually called contract funds.
At present, my country's securities investment funds are all contract funds.
According to different investment risks and returns, they can be divided into growth funds, income funds and balanced funds.
According to different investment objects, they can be divided into stock funds, bond funds, money market funds, futures funds, etc.
Simply put, a fund is an investment product that helps people buy and sell stocks, bonds, etc. The risk and return are between stocks and bonds.
If it is operated privately, it is called a private equity fund; if it is raised publicly from the society, it is a public equity fund managed by a formal fund company.
There are two types of funds. One is a closed-end fund. The scale remains unchanged after raising money. You can think of it as a stock, which can generally be bought and sold at a discount according to the net value of the fund. The other is an open-end fund, which is a fund.
Mainstream in China, you can buy and sell at any time in banks and other institutions according to the net value of the fund.
According to the order of return and risk from high to low, they can be roughly divided into stock funds, bond funds and currency funds.
Stock funds mainly invest in stocks, and they can be subdivided into growth funds, index funds, and income funds. The returns and risk levels of the three are also arranged from high to low.
Bond funds invest in bonds, and the income is very stable, but not high; while currency funds invest in bonds and central bank bills with maturities of no more than one year, and the income is more stable, slightly higher than time deposits, but there is almost no loss.
possibility.
Whether you are suitable to buy stock funds? Stock funds have the highest risk among all funds, and the highest returns. They generally change with changes in the stock index.
Is it suitable for me to buy stock funds?
First of all, the most important thing is personal risk tolerance. Can you bear a 20% loss in a year?
Can you tolerate short-term volatility?
This will not make you unable to taste your food or sleepless at night.
If so, do you have enough capital to bear this risk? If you have retired, it is definitely not recommended that you buy stock funds. After all, the money on hand is needed for retirement.
People of our age group personally think that we can pursue this more radical investment method; secondly, do you have other plans for the money on hand in the short term, such as buying a house, getting married, etc. If you need to use it in the short term, stock funds can also be used.
Not a good choice; if you can go to the bank and deposit for one or two years, then I strongly recommend buying stock funds.
How to choose stock funds?
First of all, should I subscribe or subscribe?
Most people usually choose to subscribe.
There are two reasons: 1. The subscription rate is low. Under normal circumstances, the subscription rate is 1.2%, while the subscription rate is 1.5%, and even as high as 2%; 2. The net subscription value is 1, while the subscription rate may be
Facing higher net worth.
But the author is now more inclined to subscribe for two reasons: 1. New funds have a period of building a position. During this period, if the stock index rises sharply, you can only sigh on the side; 2. Because stock funds fluctuate greatly with the stock index.
, so you also hope to buy a fund with a net value lower than 1. At this time, it is more cost-effective to subscribe than to subscribe.
Some people may say that I don’t know the situation of these funds and I don’t know which funds can be purchased. Then here is a more authoritative website on funds, Morningstar (cn.morningstar.com). You can also refer to the Fund Interactive Network.
First, the fund section of First Financial Network can also be used as a reference.
When you have initially selected a fund on these websites, you can visit the fund company website for more detailed information. I don’t need to elaborate here on how to access it. If you search for the fund company name on Baidu, the fund company homepage will appear.
Generally speaking, when choosing a fund, you should first choose a good fund company. You can refer to the past performance of several funds under this company. For the current situation, CI Morgan, E Fund, etc. are all good fund companies; secondly, you must choose
A good fund manager, but this is generally difficult to judge.
The author is an impulsive person and usually buys something after looking at it.
How to buy funds?
There are many channels for purchasing funds, and the most convenient one is online trading, and generally fund companies offer discounts on subscription rates for online trading.