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Is the liquor index a fund?
Not necessarily, there is a liquor index fund and a liquor sector index. Liquor index fund refers to the fund that follows the liquor sector. The fund buys part or all of the shares in the liquor sector in order to obtain the same income as the index.

The liquor sector index is obtained by the weighted average of all liquor stocks, which reflects the overall ups and downs of liquor stocks and has certain reference significance for investors.