Trust is a kind of fund, and its essence is a financial product of management nature established to achieve a specific purpose. The main purpose of trust products is to provide financing or asset management services for specific purposes. Trust financial institutions are issuers and managers of trust funds, and are responsible for the establishment, management and operation of trust funds.

Trust funds are widely used in the fields of enterprise financing and investment. Trust funds can be used for flexible asset allocation and provide investors with high-quality, low-cost and high-return investment management services. Due to the diversity of investment methods of trust funds, covering various investment fields such as stocks, bonds, currencies and real estate, it can provide investors with diversified and safe investment channels, thus reducing risks.

Trust funds are also an important source of long-term asset reserves. Because trust funds have the characteristics of stability, synergy and scale effect in long-term operation, and the cost is low, as an important source of long-term asset reserves, trust funds can not only maintain and increase the value, but also meet the needs of investors for long-term assets such as infrastructure and public services, and at the same time realize the coordinated development of society and individuals.

To sum up, trust funds are very practical financial tools, whether they are used for investment, financing, long-term asset reserve or other specific purposes. With the development of financial market and the gradual improvement of investors' cognition, the application fields of trust funds will be more and more extensive.