1, investment is risky and capital is risky, but it is small compared with stocks. Whether it is a loss or not, the denomination of the loss depends on what type of fund it is. Funds can be divided into stock funds, bond funds, money market funds and mixed funds, that is, investing money in stocks, bonds or both. Generally speaking, the risk of partial stock funds is higher, but the expected rate of return is also higher; The risk of partial debt fund is low, and the expected rate of return is also low; Equity-debt balance fund has moderate risk and return. Therefore, when the stock market plummets, partial stock funds have the risk of collapse, while partial debt funds have low risk and are unlikely to collapse.

2. Funds have broad and narrow definitions. A fund in a broad sense 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. People usually refer to funds mainly as securities investment funds. Funds can not only invest in securities, but also invest in enterprises and projects. Fund management companies concentrate investors' funds by issuing fund units, which are managed by fund custodians (that is, qualified banks) and managed and used by fund managers to invest in financial instruments such as stocks and bonds, and then share investment risks and benefits.