共同基金是一个资金池,形成集体从许多投资者和投资资金在股票、债券、货币市场工具、和其他证券(可以是政府证券)
类型的共同基金(基于结构)
•开放式基金:他们见到真正的共同基金的定义和比关闭结束基金更接近的定义。它有一个金融中介机构,允许投资者或一组投资者把他们的钱一起来满足投资目标,基本上获得利润。
•封闭式基金:金融证券交易在股票市场上。它发行固定数量的股票首次公开发行(ipo),是在外汇基础上交易的。股价是由投资者的需求不是由总资产净值。钱是通过提高了投资共同基金公司或经销商通常被称为承销创建一个投资基金,具体的目标。管理的基金是一个高度合格的投资经理。
共同基金的原因:
•多样化:不需要大量的现金来创建个人投资组合;通过购买共同基金提供直接的利益之一即时多样化和资产配置。
•灵活性:它们提供灵活地切换从一个到另一个投资组合。
•专业管理:购买共同基金你也选择一个职业经理人。经理使用钱来买卖股票与他/她的专业知识。
•流动性:还可以,一般容易。共同基金可以在短时间内没有销售有很大不同销售价格和当前的市场价值。
A mutual fund is a pool of money that is formed collectively from many investors and invests money in stocks, bonds, money market instruments, and other securities (can be Government securities)
Types of Mutual Funds (based upon structure)
• Open-Ended Funds: They meet the true definition of a mutual fund and are closer than the closed ended funds in definition. It has a financial intermediary that allows investors or group of investors to pool their money together to meet an investment objective, basically to earn profits.
• Closed-Ended Fund: The financial Securities that is traded on the stock market. It issues a fixed number of shares in an initial public offering which are traded on an exchange. Share price is determined by the investor’s demand not by the total net asset value. Money is raised through either by a mutual fund company or an investment dealer commonly known as underwriting to create a fund with specific objectives for investment. The funds are managed by a highly qualified investment manager.
Why mutual funds:
• Diversification: A large amount of cash is not needed to create individual portfolios; by purchasing mutual funds one is provided immediate benefit of instant diversification and asset allocation.
• Flexibility: They provide flexibility to switch from one portfolio to the other.
• Professional Management: With the purchase of a mutual fund you are also choosing a professional manager. The manager uses the money to buy and sell stocks with the expertise that he/she has.
• Liquidity: It gives the ability to get in and out easily in general. Mutual funds can be sold in a short time period without there much being a difference in the sale price and the current market value.
