The fund pool plan of securities firms is similar to the fund in product information disclosure, product scale and sales channels, but the differences between them are as follows: 1, with different positioning: the fund is a popular wealth management product and a public offering product; Collective asset management plan is a kind of value-added investment consulting service, which has a certain private nature and its target group is mostly middle and high-end customers. Unlimited collective financial plan set up by brokers accepts no less than 654.38+10,000 yuan for a single customer, and limited collective financial plan set up accepts no less than 50,000 yuan for a single customer. 2. Different product investment ratios: the minimum investment scope of the securities pool plan can be 0, while all funds have lower position limits, especially the minimum position limit of stock funds is 60%. 3. Scope of investment: The investment scope of the products of the brokerage collective plan is wider. For example, FOF (fund in fund) is the selected product of the fund, and the non-systematic risk can be effectively reduced through the second selection of the fund by experts. 4. Incentive of performance commission: Different from funds, most of the collection plans of securities firms have designed the terms of performance remuneration commission to motivate investors, better motivate managers to pursue absolute returns, and get out of the strange circle that funds only pursue relative rankings. It's hard to say it's risky. The key depends on the management level of managers and what kind of income they pursue. The so-called high risk and high return will not make much difference.