Fund has the branch no comments
Fund has the branch of broad sense and narrow sense, say from broad sense, the fund is for the purpose of establishment has a certain amount of money. For example, investment trusts, unit trusts, funds, insurance funds, pension funds, foundations funds. The stock market in the existing funds, including closed-end funds and open-end fund, with return of sexual function and potential value-added features. From an accounting point of dialysis, the fund is a narrower concept, which refers to a specific purpose and use of funds. Because of government and institution investor does not require the return on investment and investment recovery, but the requirements as provided by law or contributive person will put money in the specified purposes, and formed fund.