The fund that bought 1 yuan 10 years ago has now fallen to 60 cents, which is a high turnover decline after the takeover. So you don't make money.

A fund is a reserve of funds or a special appropriation for starting, maintaining or developing a cause.

Broadly speaking, funds are the collective name of institutional investors, including trust investment funds, unit trust funds, provident funds, insurance funds, retirement funds and funds of various foundations. In a narrow sense, funds refer to funds with specific purposes and uses. And the fund that people usually say refers to the securities investment fund.