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Does the fund belong to a financial institution? What does financial institution mean?
1. Fund companies are financial institutions.

2. Financial institutions refer to financial intermediaries engaged in financial services and are part of the financial system. Financial services (banking, securities, insurance, trust, funds and other industries) correspond to this. Financial intermediaries also include banks, securities companies, insurance companies, trust and investment companies and fund management companies.

3. At the same time, it also refers to lending institutions. The interest rate of companies that provide loans to customers for capital turnover is relatively higher than that of banks, but it is more convenient for customers to borrow because they don't need complicated documents.