The most important feature of a closed-end fund is that the fund size is fixed for the contractual savings period.

A high turnover rate indicates that: the stock has a low lock-up rate.

This section talks about the sources of stock profits. There are generally two sources of stock profits. One is the dividend received by shareholders when the company distributes earnings, and the other is the price difference between stock buying and selling.

LOF Fund, the full English name is "Listed Open Ended Fund", that is, after the issuance of listed open-ended funds, investors can not only subscribe and redeem fund units at designated outlets, but also buy and sell the funds at the exchange.

A fund, broadly speaking, is a fund with a certain amount of money established for a certain purpose.

Stocks are now nearly 400 years old. The earliest stock market arose in 1602 when the Dutch and British established overseas trading companies. These companies are established by raising share capital and have obvious characteristics of joint-stock companies; they have legal person status; a board of directors is established; the general meeting of shareholders is the company's highest authority; dividends are distributed according to shares; and a limited liability system is implemented. The successful operation and rapid development of the joint-stock company made more enterprises follow suit.

In the United States, money market funds can be divided into three categories according to the level of risk. 　　 In the United States, money market funds can be divided into three categories according to the level of risk. 　　 1, Treasury bill money market funds, which invest mainly in treasury bills, marketable securities guaranteed by the government, etc. These securities generally have a maturity of less than one year, with an average maturity of 120 days. 　　 2,Diversified money market funds, which are commonly referred to as money market funds, usually invest in a variety of marketable securities such as commercial paper, treasury bills, securities issued by U.S. government agencies, negotiable certificates of deposit, bankers' acceptances, etc., which have similar maturities as the aforementioned funds. 　　 3, Tax-exempt money funds, which are used primarily for short-term financing of high-quality municipal securities, also include municipal medium-term bonds and municipal long-ter

The money market is a market in which financial assets with a maturity of less than one year are traded.

A stock index is an index of stock prices. It is an indicative figure compiled by a stock exchange or financial services institution to show the movement of the stock market.