设立“老基金”的目的在于满足基金发起人生产、经营、投资、融资等方面的资金需要；设立“新基金”则是基于我国年轻的资本市场尤其是股票市场个人（散户）投资者众多、证券价格暴涨暴跌、市场巨幅波动、投机性太强的现实，希望投资基金能够充分发挥其作为机构投资者的稳定证? The purpose of setting up the “old fund” is to meet the funding needs of the sponsors of the fund in terms of production, operation, investment and financing. Establishing the “new fund” is based on the large number of individual investors (retail investors) in our young capital markets, especially in the stock market, Securities prices skyrocketed, huge fluctuations in the market, the reality of too speculative, hope that investment funds can give full play to its stability as a institutional investor card.