Fund account refers to the account opened by the registration and settlement institution for investors to record the balance and changes of fund shares held by them and managed by the fund manager. Fund trading account refers to the account opened by the sales agency for investors.

An account that records the changes and balances of investors buying and selling fund shares through the sales agency.

Generally speaking, investors must first open a fund account, and then when buying a fund, the sales agency will automatically open a fund trading account for you.

An investor can only open one fund account, but can have multiple trading accounts.