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Why are bond fund returns relatively stable?

Bond funds mainly invest in bonds, and the income is determined by the bonds invested. The income of bonds is relatively stable, so the income of bond funds is relatively stable, and the risks of bond funds are small, which is suitable for investors with low risk tolerance.

Bond funds mainly invest in bonds, with an investment ratio of no less than 80%. The income from bonds mainly includes: interest income from bonds and spread income from bond sales.