* * * The same fund is actually an investment company. As a company, each fund has its own manager, employees, operation mode and objectives. The investment objectives of the fund reflect the reasons for its establishment and existence. In short, * * * collects part of the clients' funds into the fund and invests for the preset purpose on behalf of their interests. Every fund company will hire investment professionals to manage the fund's portfolio, usually called portfolio manager. * * * The same fund is to collect a large number of investors and employees' money to buy stocks of various manufacturers. A combination of stocks, bonds and other assets purchased in the name of a group of investors and managed by professional investment companies or other financial institutions.

Futures fund is an investment fund with futures as its main investment object. Futures are contracts, and you can buy contracts with a certain margin (generally 5%- 10%). Futures can be used for hedging, or it can be small and broad. If the forecast is accurate, you can get a high return on investment in a short period of time. If the forecast is not accurate, it will lose a lot, which is characterized by high risk and high income. Therefore, futures funds are also high-risk funds.

Hedge fund, also known as hedge fund or arbitrage fund, refers to a financial fund that combines financial derivatives such as financial futures and financial options with financial institutions and obtains profits by means of high-risk speculation. It is a form of investment fund, which belongs to exempt market products. It means "risk hedge fund". Hedge funds are called funds, which are essentially different from mutual funds in terms of security, income and appreciation.