After the fund is established, it will open an institution-specific account in the securities company, and through this account, the fund's money can directly flow into the stock market. In short, funds are a way for fund managers to help investors invest in stocks, bonds and so on and gain income from them.

80% of the assets of equity funds are invested in stocks, and the proportion of mixed funds with partial stocks is 50%-70%. Index funds and ETF funds also mainly invest in stocks.