Quantum funds belong to hedge funds QuantumFund and QuotaFund: both belong to hedge funds. Among them, the leverage ratio of the former is 8 times, and the latter can reach 20 times, which means that the latter will have a higher rate of return than the former, but the investment risk is also greater than the former. According to Micropal's data, the risk fluctuation value of quantum funds is 6.54, while that of fixed funds is as high as 14.08. Hedge funds use various trading methods (such as short selling, leverage, program trading, swap trading, arbitrage trading, derivatives, etc. ) to hedge, transpose, hedge, and make huge profits. These concepts have gone beyond the traditional operation scope of preventing risks and ensuring benefits. In addition, the legal threshold for initiating and establishing hedge funds is much lower than that of mutual funds, which further increases the risk. In order to protect investors, the securities management agencies in North America classify it as a high-risk investment category, and strictly restrict the participation of ordinary investors. For example, it is stipulated that each hedge fund should have less than 100 investors and the minimum investment is $6,543,800+0 million. Hedge fund record