Fund market refers to funds with assets of more than 5 billion, also called large-scale funds. With the arrival of tens of billions of funds in the past year, at present, funds with assets above tens of billions are usually called large-cap stock funds.

Accordingly, funds with assets of about 5 billion are regarded as medium-sized funds, and funds with assets of less than 4 billion are called small and medium-sized funds.

In addition, small and medium-sized funds do not refer to the size of the fund itself, but to the investment direction of the fund. Fund investment in large-cap stocks is large-cap stocks, and investment in small-cap stocks is small-cap stocks, which has nothing to do with the size of the fund.