to put it simply, there are stock type, hybrid type, debt type, currency type, capital preservation type, LOF/ETF, QDLL, innovative type, etc., mainly according to different investment objectives, different expected returns and different risks.

debt-type, currency-type, capital-guaranteed-type, mainly investing in low-yield bonds and currencies, the income is better than demand deposits.

Stock-type has a larger proportion of investment in the stock market, so it can get greater income, of course, it has to bear greater risks.

Hybrid type means investing in stocks and investing in others, and fund companies will set a proportion to allocate funds. In fact, any type of fund is generally mixed and will invest in multiple industries, but the relative proportion and bias are different.

LOF/ETF is a fund that can be traded, which is actually equivalent to stocks.

Innovation is a new type of fund developed by fund companies.

Personal investment can be understood simply, instead of being as complicated as a textbook.