UmbrellaFund is actually an organizational structure of open-end funds. Under this organizational structure, according to the general fund prospectus, fund sponsors initiate the establishment of some funds, which can be converted between them according to the prescribed procedures. These funds are called subfunds or subfunds. The fund system composed of these sub-funds is called umbrella fund. Moreover, umbrella fund is not a specific fund, but a management method of many funds initiated and managed by the same fund sponsor, so it is generally considered that the word "UmbrellaStructure" may be more appropriate.

It consists of three funds: value optimization growth, cycle and stability; However, the organizational structure of a single fund is relatively simple and there are separate fund contracts.