Not necessarily. Funds are traded by fund managers. As for whether you can make money, it depends on the ability of the fund manager (trader). Knowing the fund manager is the best way to make money. If the fund manager's ability is not so good, you can't make money. If you make money, 20% of the profits will be distributed to the fund manager. So fund managers and hedge fund managers are the same, except that hedging is not very popular in China, but it will definitely be a trend in the future.