Trust plan refers to the trust relationship in which the trustee conducts investment management and asset allocation according to the requirements of assets or property management provided by the client and the contract. A fund is a portfolio managed by a fund manager, which aims to provide investors with diversified investment options, including securities investment and other asset classes.

The biggest difference between trust plans and funds lies in the different types of assets and investment methods. Trust plans usually cover multiple asset classes, while funds focus more on securities assets, such as stocks and bonds. In addition, the trust plan can directly invest in projects, while the fund can invest in the securities market, so the investment risk of the fund will be greater.

Due to the differences between trust plans and funds in investment methods and asset allocation, their application scenarios are also different. Trust plans are usually used in the fields of wealth management and family fortune inheritance, providing more personalized asset management solutions for individuals and families. Funds are more suitable for investors. They usually provide investment opportunities through public offering, which facilitates investors' investment operations and can achieve better asset diversification.