What is an open end fund with a wider range of investments but relatively less risk?

The investment is wider, but the risk is relatively small, and open-end funds are a kind of issuance that can be changedThe total number of units can be increased or decreased at any time, investors can also press **, redeem their funds and closed-end funds in the designated place, there is no limit to open funds, and the purchase and sale of ** assets are subject to the counter to buy, its risk is relatively small, suitable for small investment. <>

The world's first development history is from closed to open, with the most mature market in the United States, in 1990 the United States opened up 3,000 funds, worth a trillion US dollars, and closed only 250, plus the total value of 60 billion US dollars, to 1996, the United States funds to 353921 US dollars, closed only 128.5 billion US dollars, the two have a large proportion. <>

In 1940, there were also great changes, so now open funds are much better than closed funds, closed funds refer to the share in the contract unchanged ** share, can also set up the place of trading, but the holder of the fund can not apply for redemption, open funds are different. <>

Compared with open funds, closed-end funds, its ** has been affected by the market, there will be discounts and so on, ** unit trading, there will be some problems, open funds it can be redeemed at any time, and closed is only in the transaction can be carried out, need to pay a certain tax and handling fees, and open funds to pay the cost of saving, is also less than closed **, generally speaking, buy closed funds, its cost is much higher, Therefore, closed-end funds can not be redeemed with the redemption, most people will not buy this part of the funds, both of them have their own advantages and disadvantages, the risk is also similar, mainly depends on where to judge whether it can be redeemed, if there is a long-term plan, you can buy closed**.

Open** refers to a **can be traded over-the-counter, can also be traded on the market, we can use this to earn the difference in the middle, if the over-the-counter **** is lower than the on-site**, buy some shares on the over-the-counter, and then sell on the market, to earn the difference.

Open**also known as common**. It refers to a mode of operation in which the total size of units or shares is not fixed at the time of establishment, and the units or shares issued can be redeemed at the request of investors at any time according to the needs of investors. Investors can either buy through the sales agency to increase the assets and scale accordingly, or sell the shares they hold to the company and recover the cash to reduce the assets and scale accordingly.

Open-ended is a package, which can be subscribed and redeemed every day, and can be publicly promoted and publicized to investors in the market.

Open-ended, relatively closed-ended, will not have discounts. The discount phenomenon of closed-end ** is not conducive to the development and destruction of closed-end ** and is not conducive to the investment of institutional investors.

Open-ended** has the same liquidity advantage as there is no gap between earnings and closed-ended**. Therefore, for investors, the open posture with better liquidity is more advantageous.

The development process of world investment** has basically followed the law of development from closed to open. Compared with closed-ended, open-ended management companies are more pressured and motivated to improve investment management, improve management performance, and provide better services to investors, which is an investment tool suitable for the public.

1) Liquidity risk.

2) Subscription and redemption**Unknown risks.

3) Investment risk (including ** investment risk and bond investment risk).

4) Institutional operation risk (including system operation risk, management risk, and operational risk).

5) Force majeure risk.

6) Market risk (including policy risk, economic cycle risk, interest rate risk and land risk, listed company operation risk, purchasing power risk, etc.).

Extended Materials. 1. Kai Zheng Wu Fang, also known as common, refers to a mode of operation in which the total size of units or shares is not fixed when the promoter is established, and the unit or share can be redeemed at any time to the investor at the request of the investor. Investors can either purchase through the sales agency to increase the assets and scale accordingly, or sell the shares they hold to the company and recover the cash to reduce the assets and scale accordingly.

Open is one of the basic forms of operation in all countries of the world. The management company may offer new shares to investors at any time, and shall also buy back its shares at any time at the request of investors.

2. Investment openness should grasp the three basic principles.

1) You must know what your investment objectives are, how long the term is, and how much investment risk you can bear. Have a correct understanding and judgment of the investment style, past business performance and fee level of different ** management companies.

2) Don't have unrealistic expectations of its yield, because there is always a certain level of risk.

3) Open-ended is a medium and long-term investment variety, an effective way to share the long-term growth of the capital market, and is not suitable for speculation. The evaluation of the performance of the first is to be examined in a longer period of time, and only the one that can stand the test of time is truly worth investing in. Frequent subscription and redemption in the short term not only has high investment costs, but also makes it difficult to obtain expected returns.