Because the funds raised by fund companies are also for investment, it depends on the nature of the funds raised, such as partial stock funds, partial debt funds and hybrid bonds. These investments are aimed at the corresponding varieties, which is equivalent to buying a fund and acknowledging that the money has been invested by the fund company. In other words, the fund is an indirect investment.

Extended data:

According to the meaning of securities investment fund, we can see that its nature is reflected in the following aspects:

(1) Securities investment fund is a collective investment system.

Securities investment fund is a kind of overall portfolio investment, which collects huge funds from investors and establishes investment management companies for professional management and operation. Under this system, the operation of funds is subject to multiple supervision.

(2) Securities investment fund is a trust investment method.

Like the general financial trust relationship, it mainly includes three parties: the principal, the trustee and the beneficiary, among which there is a trust deed between the trustee and the principal. However, as a form of financial trust business, securities funds have their own characteristics.

For example, there is an indispensable custodian in the main body engaged in securities investment, which cannot be held by the same institution as the trustee (fund management company), and the fund custodian is generally a legal person; Fund managers don't use each investor's funds separately, but gather them together to form a huge sum and then operate.

(3) Securities investment fund is a kind of financial intermediary.

It exists between investors and investment objects, and through specialized institutions, it plays the role of transforming investors' funds into financial assets and reinvesting them in financial markets, thus increasing the value of monetary assets.

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