Importance of the topic: define the concept of "investment fund" and describe it. The relevance of the work is that the modern economy in many countries relies on the potential of the stock market, which contributes to the growth of investment and the expanded reproduction of savings of the population. The main problems of the stock market are that it is usually little focused on solving the priority economic and social problems of society. Investment is one of the most scarce and important components of any national economy, including the economy of the Republic of Belarus. The main goal of the investment policy for is to overcome the investment crisis, stimulate investment in the real sector and activate investment activity on this basis as the most important condition for achieving macroeconomic stabilization and sustainable economic growth of the country.