1. That the business process of collective money trust is dominated by Trust and Investment Corporation determines the feeble status of investors who are much weaker in almost every part of the process.

2. In the third part, the text fully elucidates the rights weakening problem of collective money trust.

3. Put not your trust in money, but put your money trust.

4. In the second part, the text analyzes the legislation status and the business futures of collective money trust.

5. The result of the analysis indicates that the option-based default risk model applies to the money trust.

6. Referring to the characteristic of trust products in China, the basic concept of the default risk of money trust is introduced in the view of the investors.

7. From the view point of legislation, laws of collective money trust consists of one law, two rules and several guiding documents most of which are low level laws.

8. At the end is the conclusion, which is the summary of views. It makes a brief review of analysis and arguments, and gives some proposals on how to solve the moral hazard of the collective money trust.