Not at the bank. According to the regulations of the People's Bank of China, each enterprise in the basic deposit account can only open one account, and it is the only account within the same enterprise that can withdraw cash. Ordinary accounts can only be used for carryover and cannot be withdrawn. Expand data Fund, in English, refers to a certain amount of funds established for a certain purpose. Includes major trust and investment funds, savings funds, insurance funds, retirement funds and funds of various foundations. From an accounting perspective, funds are a narrow concept that refers to funds with specific purposes and uses. The funds we are talking about mainly refer to securities investment funds. According to different standards, securities investment funds can be divided into different types: (1) According to whether fund shares can be added or redeemed, they are divided into open-end funds and closed-end funds. Open-end funds are not listed for trading (depending on the situation). Through subscription and redemption by banks, securities firms, and fund companies, the size of the fund is not fixed; closed-end funds have a fixed duration and are generally listed and traded on stock exchanges, and investors buy and sell fund shares through the secondary market. (2) According to different organizational forms, they can be divided into corporate funds and contract funds. A fund is established in the form of an investment fund company by issuing fund shares and is usually called a corporate fund; it is established by a fund manager, fund custodian and investors through a fund contract and is usually called a contract fund. China's securities investment funds are all contract funds. (3) According to different investment risks and returns, they can be divided into growth, income and balanced funds. (4) According to different investment objects, they can be divided into four categories: bond funds, stock funds, currency funds, and hybrid funds. Which was the original hedge fund is uncertain. During the great bull market in the United States in the 1920s, there were countless investment tools specially prepared for the wealthy. The most famous is the Graham-Newman Partnership, founded by Benjamin Graham and Jerry Newman. In 2006, Warren Buffett claimed in a letter to the Museum of American Finance that the Graham-Newman Partnership in the 1920s was the earliest known hedge fund, but that others may have emerged earlier. During the economic recession of 1969-1970 and the stock market crash of 1973-1974, many early funds suffered heavy losses and went bankrupt. In the 1970s, hedge funds often focused on one strategy, with most managers adopting a long-short stock model.