Legally, Public Offering of Fund is issued by Public Offering of Fund companies, and fund companies are formal and legal companies specializing in fund issuance and management, with fund licenses.

Public Offering of Fund, finance vocabulary, as opposed to "private equity fund". Refers to the fund that publicly issues beneficiary certificates to socially unspecified investors. In our country, it takes the form of contractual organization. Under the supervision of the competent government departments, there are restrictions on industry norms such as information disclosure, profit distribution and operation restrictions.

Public Offering of Fund () refers to a securities investment fund that raises funds from public investors in an open way and mainly invests in securities. Public Offering of Fund was recruited by mass media, and the promoters pooled public funds to set up investment funds for securities investment.