No, the newly issued fund is a newly issued fund, and the new bond means that investors apply for newly issued convertible bonds, one is a fund product and the other is a bond product, so the two are different.

Funds are issued by fund companies and mainly invest in financial products such as money market instruments, stocks and bonds. They are financial products with * * * returns and * * * risks. New debt is a special bond issued by listed companies, which has both the attributes of bonds and the right to convert them into stocks and trade them on the stock exchange.