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What about the fund industry? Which fund is better?
In a broad sense, a fund refers to a certain amount of funds set up for a certain purpose. It mainly includes trust and investment funds, provident funds, insurance funds, retirement funds and funds of various foundations.

From the accounting point of view, capital is a narrow concept, which refers to funds with specific purposes and uses. The funds we are talking about now mainly refer to securities investment funds.

Profit ranking

According to statistics, during 2007-20 1 1, the total profit created by 57 fund management companies was only 3.292 billion yuan, which was less than two thousandths compared with the average asset management scale of 2 trillion yuan in the fund industry during this period, while the management fee income of the fund industry during this period was as high as1519.99 million. Of the 57 fund companies, 30 have positive profits, making money for investors, while the other 27 have losses.

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