Erniao said that I like active funds very much, so all his fund portfolios are composed of active funds. Moreover, there is an in-depth study of active funds.

Fund, in English, refers to a certain amount of funds set up for a certain purpose. It mainly includes trust and investment funds, provident funds, insurance funds, retirement funds and funds of various foundations. From the accounting point of view, capital is a narrow concept, which refers to funds with specific purposes and uses.