1, growth fund

Growth funds refers to a fund that pursues capital appreciation as its basic goal, pays little attention to current income, and mainly invests in stocks with good growth potential.

2. Income fund

Income fund refers to the fund whose basic goal is to pursue stable recurring income. Mainly invest in large-cap blue-chip stocks, corporate bonds, government bonds and other stable income securities.

Step 3 balance funds

Balanced fund is a fund that pays attention to both capital appreciation and current income.

Generally speaking, growth funds has high risks and high returns, while income-based funds have low risks and low returns. The risks and benefits of balanced funds are between growth funds and income funds.

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