Fund assets refer to the total amount of fund assets formed by fund managers in the process of operating fund capital.

Including:

From the source of funds, including fund capital, loans and other liabilities, net assets such as provident fund, undistributed profits, etc. From the perspective of capital utilization, it includes cash, deposits, short-term investments and treasury bonds. Generally speaking, fund assets are greater than fund capital. Because the fund assets are entrusted to the fund manager for management and operation through trust relationship, the formation and change of the fund assets are in the management and operation of the fund manager. In the process of asset operation, on the one hand, the fund manager should set up a separate fund asset account, which is separated from the fund manager's own asset account. If a fund manager manages and operates two or more funds at the same time, the assets of each fund shall be accounted for separately. In addition, the fund manager shall evaluate the assets in accordance with the relevant provisions, and check the valuation results, fund accounts and other financial data with the fund custodian, who has the responsibility to supervise the behavior of the fund manager and ensure the safety of the fund assets.