Securities investment fund refers to a collective securities investment model with * * * risk * * *, that is, by issuing fund shares, investors' funds are concentrated, managed by fund custodians, managed and used by fund managers, and invested in financial instruments such as stocks and bonds. ★▲ Generally speaking, a securities investment fund is an investment tool that collects the funds of many investors and gives them to the bank for safekeeping. Professional fund management companies are responsible for investing in securities such as stocks and bonds to achieve the purpose of maintaining and increasing value. The biggest advantage of buying funds is to participate in stock and bond market investment with expert wisdom, which reduces the risk of personal direct investment in stocks and bonds and achieves the purpose of personal asset appreciation. ■■