An eFund (short for Electronic Fund) invests in commercial real estate and is exclusive to Fundrise. It's similar in design to a professionally managed mutual fund, but like the eREITs not publicly traded. eFunds are set up as partnerships and not corporations, so they are taxed differently — saving on double taxation, also, like eREITs Fundrise offers these eFunds to investors without any brokers or commissions. Unlike an eREIT which is typically used for income, Fundrise's eFunds are set up for growth.