The "laws" and "regulations" in law-abiding and compliance include not only the laws that all citizens need to abide by, such as the Constitution, Criminal Law and Civil Law, but also the laws, administrative regulations and departmental rules that regulate the field of securities investment funds, as well as the self-discipline rules of the fund industry and the articles of association, internal rules and regulations, working procedures and disciplines of the institutions where fund practitioners work.

The fund profile is as follows:

A fund, as its name implies, is a collection of investors' funds, which is managed and operated by professional fund companies and invested in financial assets such as stocks, bonds and money markets. The investment portfolio of the fund is formulated by the fund manager, focusing on a certain industry, a certain region or an investment strategy, in order to pursue a higher rate of return.

The advantage of the fund lies in the diversification and specialization of investment. Through fund purchase, investors can spread their funds to multiple fields and avoid the risks of a single industry or company. At the same time, fund managers are professionals and can make effective investments according to their own experience and judgment, so as to obtain higher returns.

The operating principle of the fund is also relatively simple. First of all, investors buy fund shares, that is, they buy part of the ownership and investment income rights of the fund. Secondly, the fund company manages the investment according to the share of the received funds, and pursues higher returns. Finally, the fund company will deduct management expenses and operating expenses from the investment income, and the rest will be owned by investors.

Of course, the fund also has some risks. Due to market fluctuations and portfolio changes, fund returns also fluctuate. In addition, there are risks in the performance of fund managers, and some research and analysis are needed.

Generally speaking, fund is a way of collective investment, which can realize diversification and specialization of investment, but it also has certain risks. Before buying a fund, investors need to fully understand and study, choose a fund product that suits them, and also need to invest carefully to avoid unnecessary losses.