What is the nature of the fund?

**: From the perspective of financial relationship, ** refers to funds that are used exclusively for a specific purpose and are independently accounted for. Among them, it includes not only pension insurance, retirement, relief, education incentives, etc., but also China's unique financial projects, collective welfare of employees, key energy and transportation construction, budget adjustment, etc.

In terms of organizational nature, ** refers to an institution or organization that manages and operates funds that are used exclusively for a specific purpose and are independently accounted for. This kind of organization can be an unincorporated organization (such as financial special projects, education awards in colleges and universities, insurance, etc.), and it can be a public legal entity (such as China's Soong Ching Ling Children's Association, Sun Yefang's Economics Awards, Mao Dun's Literature Awards, the United States' Ford Society, Hobright's Association, etc.), or it can be a corporate legal entity.

Investment refers to the investment organization system that uses the mechanism of modern trust relationship to concentrate the scattered funds of various investors in a way to achieve the expected investment purpose in accordance with the basic principles of joint investment, sharing of income and risk sharing and certain principles of shares.

It's not the same. He relied on absorbing deposits from the public and concentrating investment! They take your money and invest in high-input, high-output industries! Earn high profits and give you dividends!

At the moment, ** is people's second choice! , the first is **!

The difference between **and ** is that the investment risk is not the same!

**Low risk!

As for making money, it depends on what you invest in**!

**, in English is fund, in a broad sense, it refers to a certain amount of money set up for a certain purpose. It mainly includes trust investment, provident fund, insurance, retirement, and various wills. From an accounting perspective, ** is a narrow concept that refers to funds with a specific purpose and use.

We refer to **investment** mainly.

According to different criteria, **investment** can be divided into different categories:

1. According to whether the unit can be increased or redeemed, it can be divided into open and closed. Open-ended non-listed trading (it depends on the situation), through banks, brokers, and companies to subscribe and redeem, the scale is not fixed; Closed-end has a fixed duration and is generally listed and traded on the trading venue, and investors buy and sell units through the secondary market.

2. According to the different organizational forms, it can be divided into company type and contract type. **Established by issuing **shares** to establish an investment company**, usually referred to as a corporate **; It is established by the manager, the custodian and the investor through a contract, which is usually called a contractual type. China's **investment** are all contractual**.

3. According to the different investment risks and returns, it can be divided into growth, income and balance**.

4. According to the different investment objects, it can be divided into ****, bonds, money market, etc.

FOF** is the meaning of ** in ** (also known as "mother**"). It is a kind of investment in other investments, and then indirectly invests in assets such as bonds and bonds through other investments. FOF is an investment objective that takes investment as the investment objective.

In layman's terms, ** is an investment tool that collects the funds of many investors, hands them over to the bank for safekeeping, and is invested in ** and bonds by a professional ** management company, so as to achieve the purpose of maintaining and increasing value.

How to buy**?

To open an account at the bank, the first time to buy a minimum of 1000 or 5000 yuan to buy a certain **. It is possible to open an online bank and operate online.

What are the risks? There is a certain risk, and if you choose a good **, the risk can be very small or even not risk-free to a certain extent. Overall, I think the risk is less than **.

What is Currency**?

Monetary type** Fund investment: asset allocation is mainly central bank bills, short-term bonds, bond repurchases, interbank deposits and cash.

According to the provisions of the "Interim Provisions on the Administration of Money Market", the investment scope of China's currency ** includes:

Cash; Bank fixed deposits and large-value certificates of deposit within one year (including one year); Bonds with a remaining maturity of less than 397 days (including 397 days); Bond repurchases with a maturity of less than one year (including one year); ** bank bills with a maturity of less than one year (including one year); Other money market instruments with good liquidity recognized by the China Securities Regulatory Commission and the People's Bank of China.

Money market** is a low-risk investment product that functions similarly to a bank demand deposit, but with a higher return than a bank deposit. It provides individuals and enterprises with a relatively safe and stable investment method that can replace short- and medium-term deposits in banks. Moreover, it can not only bring certain returns to investors on the basis of providing principal security, but also have good liquidity.

Liquidity: The liquidity of the currency** is good, even better than the liquidity of the bank's 7-day call deposit. The former requires T+1 or T+2 to obtain funds, while the latter requires T+7.

Currency** has similar benefits to demand deposits. Redeem today (T day), and the funds will arrive before 10 am tomorrow (T+1 day) at the earliest.

Currency** has certain restrictions on large redemptions, stipulating that only 10% of the total amount can be redeemed per day**. This problem can be circumvented by buying a large currency**.

Safety: Currency** invests in short-term bonds, treasury bond repurchases and interbank deposits, etc., and the characteristics of investment varieties basically determine that the risk of currency ** principal is close to zero.

Yield: The yield on currency** is much higher than on a 7-day call deposit. Currency**There are no subscription fees, subscription fees, and redemption fees, only annual fees, and the total cost is lower.

Bond** refers to the main investment in fixed income products**, which is a low-risk, low-return variety, suitable for holding in the market** and when interest rates rise. When investing in bonds**, there are two basic elements to pay attention to, namely interest rate sensitivity and credit quality. The rise and fall of bonds** is inversely related to the rise and fall of interest rates.

When interest rates rise, bonds** fall. The longer the duration, the more sensitive the net asset value of the bond** is to changes in interest.

The credit quality of a bond** depends on the credit rating of the bond in which it invests. Investors can at least understand the following aspects: ** restrictions on the credit rating of the bonds invested in the prospectus; **Description of the credit rating of the bonds held in the portfolio report.

At the same time, investors also need to understand the convertible bonds they invest in and the proportion of **. **Holding a large number of convertible bonds can improve the profitability of the debt, but it also magnifies the risk. Because the ** of convertible bonds is affected by the linkage of the underlying stock, the volatility is greater than that of ordinary bonds.

In particular, the rate of return of those who concentrate on holding a large number of convertible bonds may be much greater than that of the bond market.

How is it different from the type and money market.

The type is the one that takes the main investment object. Risk can be diversified to a certain extent through expert management and portfolio diversification. The risk of **type** is the highest among all ** products, which is suitable for the needs of investors with higher risk tolerance; Money market** only invests in money market instruments, and the net value of the share is always maintained at 1 yuan, which has the characteristics of low risk, low return, high liquidity, and low fees.

The money market** is known as a quasi-savings and can be used as a good alternative to bank deposits and a cash management tool; Bonds** mainly take various types of bonds as the main investment object, and the risk is higher than that of the money market** and lower than **type**. Bonds** obtain stable interest income through the investment of bonds such as treasury bonds and corporate bonds, which have the characteristics of low risk and stable income, and are suitable for prudent investors with low risk tolerance.

Investment refers to an investment tool that is publicly or privately raised to raise funds to set up an investment, which is managed by a manager and managed by a custodian to achieve the purpose of maintaining and increasing value.

[Legal basis].

Article 2 of the Investment Law of the People's Republic of China.

Within the territory of the People's Republic of China, public or non-public raised funds are used to set up **investment** (hereinafter referred to as **), which is managed by **manager, **custodian, and conducts **investment activities for the benefit of **share holders, and this Law applies; Where there are no provisions in this Law, the provisions of the Trust Law of the People's Republic of China, the ** Law of the People's Republic of China and other relevant laws and administrative regulations shall apply.

Article 3. The rights and obligations of the manager, the custodian and the share holder shall be stipulated in the contract in accordance with this Law.

The manager and the custodian shall perform fiduciary duties in accordance with the provisions of this Law and the contract.

The holders of the ** shares established through the public offering (hereinafter referred to as the public offering**) enjoy the benefits and bear the risks according to the ** shares they hold, and the income distribution and risk bearing of the ** established through the non-public offering (hereinafter referred to as the non-public offering**) shall be agreed in the ** contract.

The biggest difference between the fund of funds (FOF) and the open-ended is that the open-ended is based on the investment target, while the open-ended is based on the investment target, bonds and other valuable assets.

The biggest difference between the fund of funds (FOF) and the open-ended is that the open-ended is based on the investment target, while the open-ended is based on the investment target, bonds and other valuable assets.

The biggest difference between the fund of funds (FOF) and the open-ended is that the open-ended is based on the investment target, while the open-ended is based on the investment target, bonds and other valuable assets.