2001Huadong jingji guanliRequires access

The open fund is walking toward us

Yu Hong

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Abstract

As an innovative product of finance,open fund possesses the following characteristics:collective fund,expert financing,free redeeming.It is a collective investment tool of sharing income and bearing risk.This article analyzes the advantage of open fund in the differences of the scale of open fund and close fund,trading price and trading mode.At the same time it also compare the open fund with bank savings in the investment direction and income.With the confirmation of China entering WTO and the reinforcement of the trend of financial globalization,although there are still certain risks in ivesting open fund,it is inevitable trend to put great effort in developing the open fund in China.

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What this paper is about

As an innovative product of finance,open fund possesses the following characteristics:collective fund,expert financing,free redeeming.It is a collective investment tool of sharing income and bearing risk.This article analyzes the advantage of open fund in the differences of the scale of open fund and close fund,trading price and trading mode.At the same time it also compare the open fund with bank savings in the investment direction and income.With the confirmation of China entering WTO and the reinforcement of the trend of financial globalization,although there are still certain risks in ivesting open fund,it is inevitable trend to put great effort in developing the open fund in China.

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Available abstract

As an innovative product of finance,open fund possesses the following characteristics:collective fund,expert financing,free redeeming.It is a collective investment tool of sharing income and bearing risk.This article analyzes the advantage of open fund in the differences of the scale of open fund and close fund,trading price and trading mode.At the same time it also compare the open fund with bank savings in the investment direction and income.With the confirmation of China entering WTO and the reinforcement of the trend of financial globalization,although there are still certain risks in ivesting open fund,it is inevitable trend to put great effort in developing the open fund in China.

Key concepts: Investment fund, Target date fund, Sovereign wealth fund, Income fund, Business, Manager of managers fund, Fund administration, Open-end fund

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