Fund capital refers to the capital raised by fund organizations through the issuance of investment fund securities. Investment fund securities are securities investment funds issued in the form of collective securities investment. They refer to funds raised through the sale of fund shares, which are then used by fund share holders according to their holdings.

Investment instruments that enjoy proportionate returns and bear risks.

When an IMF issues a fund at face value, the amount of fund capital is generally equal to the total face value of fund securities. However, when some special circumstances occur during the fund issuance period, the amount of fund capital will be higher than the total face value of fund securities.

Among them, fund capital is a component of fund assets, and fund assets refer to the total amount of fund assets formed by fund managers in the process of operating fund capital.