Usage patterns
ファンドを運用するto manage/operate a fund
That company manages several investment funds.
ファンドに出資するto invest capital in a fund
Many individual investors put money into this fund.
ファンドを組成するto set up/create a fund
The securities firm set up a new fund.
〈物〉に投資するファンドa fund that invests in ~
Funds that invest in real estate are gaining popularity.