The investment scope of the Fund is financial instruments with good liquidity. Including domestic stocks (including small and medium-sized board, Growth Enterprise Market and other stocks listed with the approval of China Securities Regulatory Commission, depositary receipts), bonds (including government bonds, financial bonds, corporate bonds, subordinated bonds, convertible bonds, separately traded convertible bonds, private debts of small and medium-sized enterprises, central bank bills, medium-term notes, short-term financing bonds and other bond financial instruments allowed by China Securities Regulatory Commission), asset-backed securities and money market instruments. If the future laws, regulations or regulatory agencies allow the Fund to invest in other varieties, the fund manager can include them in the investment scope after performing appropriate procedures.

Funds have broad and narrow definitions. Broadly speaking, it refers to a certain amount of funds set up for a certain purpose, such as trust and investment funds, provident funds, retirement funds, etc. In a narrow sense, it refers to funds with specific purposes and uses. Usually, funds mainly refer to securities investment funds. The income of securities investment funds comes from the future, and the performance of the income is inseparable from the performance of the investment target market, which has certain risks.

According to different standards, securities investment funds can be divided into different types:

First, according to whether fund units can be increased or redeemed, they are divided into open-end funds and closed-end funds. Open-end funds are not traded on the market (as the case may be), but are purchased and redeemed by banks, brokers and fund companies, and the fund scale is not fixed; Closed-end funds have a fixed duration and are generally listed and traded on the stock exchange. Investors buy and sell fund shares through the secondary market.

Two, according to the different organizational forms, can be divided into enterprise funds and contract funds. A fund is established by issuing fund shares to establish an investment fund company, which is usually called a corporate fund; The establishment of fund managers, fund custodians and investors through fund contracts is usually called contractual funds. China's securities investment funds are all contractual funds.

Three, according to the different investment risks and benefits, can be divided into growth, income and balanced funds.

Four, according to the different investment objects, can be divided into stock funds, bond funds, money market funds, futures funds, etc.