1, the difference is: the public welfare fund cannot be for profit, and all the funds raised should be donated legally, but the public welfare fund can maintain and increase the value of assets, but there will be strict settings for the investment behavior of the public welfare fund; Investment fund is an investment with profit as its main purpose, which is suitable for a wide range of people and is also a familiar securities investment fund.

2. Public welfare funds, that is, foundations, refer to non-profit legal persons established for the purpose of engaging in public welfare undertakings by using the property donated by natural persons, legal persons or other organizations in accordance with the provisions of these Regulations. Foundations are divided into those that raise funds for the public and those that are not allowed to raise funds for the public. According to the geographical scope of fundraising, public offering foundations are divided into national public offering foundations and local public offering foundations.

3. Investment funds are securities investment funds that everyone buys. 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. International experience shows that funds can greatly promote the transformation of savings funds into investment, stabilize and activate the securities market, increase the proportion of direct financing, improve the social security system and improve the financial structure. The development of China Securities Investment Fund also shows that the development of the fund has promoted the healthy and stable development of the securities market and the perfection of the financial system, and played an increasingly important role in the national economic and social development.