The Comparison and the Choice between Open-end Fund and Close-end Fund

Open-end and close-end fund are two kinds of investment funds. Compared theoretically,open-end fund is superior on orientation of price,operational mechanism and the influence on stock market. But its management and its necessary financial circumstance are difficult. In developed country,the fund has changed close-end fund into open-end fund. For the open-end fund is the main aspect in fund market in the world and our country has opened door to the outside world,we need to set up open-end fund. It is an inexorable treed of changing closed-end fund into open-end fund in our country. Combining the reality home with that abroad,the most important task is to standardize and perfect close-end fund,and create favorable conditions for the large-scale development of the open-end fund in the future.