Hello, I am glad to answer your question: What is a fund? Broadly speaking, it refers to a certain amount of funds set up for a certain purpose. It mainly includes trust and investment funds, provident funds, insurance funds, retirement funds and funds of various foundations. In order to standardize the activities of securities investment funds, protect the legitimate rights and interests of investors and related parties, and promote the healthy development of securities investment funds and the securities market, the Measures for the Administration of Fund Companies are formulated. Matters not covered in this Law shall be governed by the Trust Law of People's Republic of China (PRC), the Securities Law of People's Republic of China (PRC) and other relevant laws and administrative regulations. I hope it helps you.