Securities Investment Fund (Securities Investment Fund) refers to funds raised through the public sale of fund shares, which are hosted by the fund custodian and managed and operated by the fund manager for the benefit of fund share holders. Asset portfolio is a collective investment method for securities investment with maximum sharing of benefits and minimum risks.

\x0d\1. Classification according to the organization method of the fund\x0d\1. Contractual funds 2. Corporate funds\x0d\ 2. Classification according to fund operation mode\x0d\1. Closed-end funds 2. Open-end funds\x0d\3. Classification by investment objectives\x0d\1. Growth funds 2. Income funds 3. Balanced Fund\x0d\ 4. Classification by Investment Target\x0d\1. Bond Fund2. Stock funds 3. Money market funds 4. Hybrid funds\x0d\ 5. Classification by investment philosophy\x0d\1. Active funds 2. Passive funds (index funds)\x0d\ 6. Classification by capital sources and flows\x0d\1 ． Domestic funds 2. International Fund 3. Offshore funds 4. Overseas funds\x0d\7. Other special types\x0d\1. Index funds (passive funds) 2. ETFs (traded open-end index funds) 3. LOF (listed open-end funds)\x0d\4. QDII funds 5. Gold Fund 6. Derivative securities funds