There is no actual fund in the fund's power portfolio, that is, the fund has nominal power and is essentially a hybrid fund. Hybrid refers to a fund that focuses on both stocks and bonds in order to achieve a balance between income and risk by investing in different asset classes.

According to the classification standard of China Securities Regulatory Commission, fund assets are invested in stocks, bonds and money market instruments, but the ratio of stock investment to bond investment does not meet the requirements of stock funds and bond funds, and it belongs to mixed funds.