Focusing specifically on Erste Bank as an example, this comprehensive project deals with the analysis of investment funds. It provides in-depth research of the capital market, its participants, and the differences between the money market and the capital market. Additionally, it showcases investment funds that gather funds from investors and allocate them in various investment ways. Starting with a historical overview of investment funds, it then delves into specific examples from Erste Bank, including Erste Reserve Dollar, Erste Adriatic Bond, and Erste Green Multi Asset. Through these examples, this project explaines investment strategies, the importance of portfolio diversification, and the accompanying benefits and risks for investors. Furthermore, it emphasizes the importance of transparency and a diverse range of fund offerings while providing an overview of key data such as fund size, fees, and recommended investment periods. Moreover, the work underscores the need for investors to understand the risks associated with fund investments, including market price fluctuations, interest rate impacts, and the potential loss of investment value