There will be no escape in the regular public offering of fund companies, and this has nothing to do with security insurance and the like. No matter what platform you buy funds on, the funds are in the bank.

According to the regulations of the CSRC, fund companies and fund managers only have the right to trade, and fund assets only exist in banks. A special account is set up, called fund custody, which is supervised by banks. Therefore, relatively speaking, the fund assets only have the risk of loss caused by poor operation of professionals, and there is basically no risk of theft. From a legal point of view, even if the fund management company goes bankrupt or even the custodian bank has an accident, the person who collects debts from it has no right to touch the assets of the investor's fund account, so the security of the fund assets is very guaranteed.

Of course, the custodian is not free, and the administrator has to charge a certain escrow fee. This part of the cost does not need to be paid by investors alone, but is deducted from the fund assets, which is equivalent to deducting from the investment income.