For example, the closed-end fund in the domestic securities market belongs to Public Offering of Fund. Public Offering of Fund and private equity funds have their own merits, and their healthy development is of vital significance to the development of financial markets. However, only the public offering fund is legally recognized, which is far from meeting the market demand.
Public Offering of Fund refers to a fund that has passed the examination of the CSRC, can be sold in bank outlets, securities company outlets and various fund marketing institutions, can advertise, and can see information in various trading quotes. In consignment agencies, such as banks, funds issued by securities are all publicly issued funds, which can be divided into four types: stock type, mixed type, currency type and bond type.
Advantages of public offering:
(1) is issued to many investors;
(2) Great fund-raising potential;
(3) A wide range of investors (investors without specific objects);
(4) you can apply for listing on the exchange (such as closing);
(5) Information is open and transparent.
Characteristics of public offering of funds
Is to enjoy the overall income of the market, the fund's excess expected annualized expected income can not be separated from the performance benchmark for a long time, the larger the scale, the greater the possibility of the fund obtaining the average profit in the market; Decentralization, information transparency and risk sharing.