1. A corporate fund is an investment fund institution with legal person status established by investors with the approval of financial regulators in accordance with the provisions of the Company Law.

2. A contractual fund, also known as a unit trust fund or a mutual fund, is a * * * management relationship in which fund sponsors gather the funds of many investors, entrust a special investment consulting agency to act as an agent for domestic and foreign investment, and reach an agreement with investors on comprehensive trust documents.