Faq

Savings Bank has a fixed interest rate, so profits are limited.

An open-ended fund is a form of investment with the goal of creating long-term profits through growth of principal and income by investing, so profits have no limit. Since the interest rate on an Open-ended fund can be higher than a savings account, it is also riskier than a savings account. In the short term, the return on investment in fund certificates may be higher or lower than that of a bank deposit.

Legally, unlike savings products that must publicly list interest rates, according to the law, fund management companies cannot commit to investment profits for open-ended funds. Specifically, in Clause 4, Article 22, Circular 98/2020/TT-BTC on guiding the operation and management of securities investment funds issued by the Ministry of Finance, the QLQ company must not include statements that make investors misinterpreted as an ever-increasing investment value, commitment or prediction of the fund's future investment results.

Open-ended funds are a form of long-term investment. Historical fact in many countries has shown that in the long run, investing in stocks for a long time is often higher than the return on investment in other investment channels. Therefore, in order to have the highest efficiency, investors should define the investment in Fund Certificates as a long-term investment, and accumulate for the future. However, how long you should invest in an Open Fund is entirely dependent on your own financial goals and how much you plan to invest each month.

In the short term, the market may have many fluctuations, up and down. However, since investing in Open-ended Funds is a long-term investment, the key to accepting market volatility is to focus on long-term results rather than day-to-day changes. Besides, investors can take advantage of low price opportunities to buy more fund certificates and average the price for their investment, because when the price is low, they will buy more fund certificates than when the price is high.