1, the fund has broadened the investment channels of small and medium-sized investors. For small and medium investors, it is safer to save or buy bonds, but the yield is low; Investing in stocks may have a higher return, but it is risky. As a new investment tool, securities investment fund brings together the small amount of funds of many investors for portfolio investment, which is managed and operated by experts. The operation is stable and the income is considerable. It can be said that it is an indirect investment tool specially designed for small and medium investors, which greatly broadens the investment channels of small and medium investors. It can be said that the fund has entered the homes of ordinary people and become a popular investment tool. By converting savings into investment, the fund has effectively promoted industrial development and economic growth. Gold absorbs idle funds in society, creates a good financing environment for enterprises to raise funds in the securities market, and actually plays a role in transforming savings into production funds. This mechanism of transforming savings into investment provides an important source of funds for industrial development and economic growth, and with the development of the fund, this role is becoming more and more important. 3. Conducive to the stability and development of the securities market. First of all, the development of the fund is conducive to the stability of the securities market. The stability of the securities market is closely related to the investor structure of the market. The emergence and development of funds can effectively improve the investor structure of the securities market and become the backbone of stabilizing the market. The Fund is managed by professional investors, with rich investment experience, complete information, advanced analysis methods and relatively rational investment behavior, which can objectively stabilize the market. At the same time, funds generally pay attention to the long-term growth of funds, adopt long-term investment behavior, and enter and leave the securities market less frequently, which can reduce the fluctuation of the securities market.

Second, as a financial instrument that mainly invests in securities, the emergence and development of funds have increased the investment varieties of the securities market, expanded the trading scale of the securities market, and played a role in enriching and activating the securities market. With the development of the fund, it has become an important driving force to promote the development of the securities market.