What is the performance ranking of public funds? What is the difference between fund companies and securities firms?

Nowadays, the public funds that have been developed in China for 20 years are still flourishing, and more and more investors are choosing this type of investment product with moderate risk and return. Today, Jinjiwo has selected several questions related to public funds to share and answer with investors.

Question 1: What are the public fund institutions?How many are there in total?


Jinjiwo has learned that as of2018At the end of the year, there were a total of129Home fund companies, including institutions that have obtained public fund licenses;Total assets of public funds13.03Ten thousand yuan, the total number of holders has reached11.57Billion households.


Investors are familiar with public fund institutions such as E Fund, Tianhong Fund, Jiashi Fund, Galaxy Fund, Dacheng Fund, Huitianfu Fund, Nanfang Fund, Huaxia Fund, and so on.


Question 2: What is the performance ranking of public fund companies?


up until2018At the end of the year, the top ten profitable fund companies were Tianhong Fund, CCB Fund, Bank of China Fund, ICBC Credit Suisse Fund, Industrial Fund, China Merchants Fund, Guoshou Security Fund, Ping An Fund, Boshi Fund, and Everwin Fund.


Question 3: Which stocks do public funds hold the most?


Jinjiwo pointed out that according to the latest data disclosed by public funds, Kweichow Moutai, China Ping An, Wuliangye, Wen's, Changchun Hi tech, Gree Electric, Midea Group, Yili, China Merchants Bank, and CITIC Securities have successfully ranked among the top 10 stocks held by public funds, becoming the stocks held most by public funds. Among them, the public offering fund holds Kweichow Moutai, China Ping An, Wuliangye, Gree Appliance and Yili Shares5The market value of only stocks is10Over 100 million yuan.


fromAOverall, in the stock market, public funds hold the most stocks in the financial industry, manufacturing industry, information transmission, software, information technology services, real estate industry, mining industry, and other fields.


Question 3: What is the difference between fund companies and securities firms?


In the investment market, many beginners are unable to distinguish the difference between fund companies and securities firms. Jinjiwo has summarized the following differences:


1Different definitions: A securities company refers to a limited liability company or joint stock limited company that has been reviewed and approved by the securities regulatory authority of the State Council and specializes in securities business;Fund companies refer to fund management companies approved by the China Securities Regulatory Commission to engage in securities investment fund management business, and in a narrow sense only refer to public fund companies.


2Different businesses: Securities companies mainly engage in securities business, such as securities brokerage, securities investment consulting, securities underwriting and sponsorship, securities proprietary trading, securities asset management, etc;Fund companies mainly engage in fund related issuance, management, custody, registration, and sales.


3Different functions: When investors invest, securities companies are only responsible for assisting in trading, and specific trading passwords are determined and issued by investors themselves;And fund companies not only assist investors in trading, but also make relevant investment decisions on their behalf.