There is a difference.

Related differences: 1. Different concepts: 1. Fund: a certain amount of funds established for a certain purpose.

It mainly includes trust investment funds, provident funds, insurance funds, retirement funds, and various foundation funds.

2. ***Tong Fund: ***Tong Fund is also called a variable investment company.

An investment trust that provides investments to small property owners and distributes stocks that can be converted into cash at any time.

2. Different characteristics: 1. Fund: According to whether fund units can be added or redeemed, they can be divided into open-end funds and closed-end funds.

Open-end funds are not listed for trading, but are purchased and redeemed through banks, securities firms, and fund companies. The size of the fund is not fixed; closed-end funds have a fixed duration and are generally listed and traded on securities exchanges. Investors buy and sell fund units through the secondary market.

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2. *** Mutual funds: The assets of *** mutual funds are larger than those of ordinary investors, so they can diversify funds into different stocks and even different investment tools to achieve real risk diversification without being affected by one situation.

Wrong stock selection resulted in significant losses.

Extended information investment funds originated in the United Kingdom and are popular in the United States.

The Massachusetts Investment Trust (MIT), established in Boston on March 21, 1924, was the world's first corporate open-end fund and the first modern mutual fund in the United States.

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In the following years, investment funds experienced their first glorious period.

The sponsor of a mutual fund is generally a financial services company, such as a mutual fund company, a broker, a bank or an insurance company.

The sponsor contributes the initial capital to the fund and assembles the third parties needed to operate the fund.

In the United States, sponsors must register the fund with the SEC.