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The position and function of securities investment funds in the financial system
1. Status: Securities investment funds have broadened the investment channels of small and medium-sized investors, made it easier to participate in the securities market, and improved the transparency and efficiency of the financial market.

2. Role: Securities investment funds have also improved the financial system and social security system. By providing investment channels for small and medium investors, securities investment funds can promote the diversification and competitiveness of the financial market and improve the efficiency and stability of the financial system.