1. Generally, funds starting with 0 are listed funds in Shenzhen, and funds starting with 5 are listed funds in Shanghai.

2. From the perspective of graded funds, the main difference is that the word 0 begins with after-hours merger and split, and the word 5 begins with after-hours merger and split arbitrage.

Funds are like stocks, each with a code, and the fund code is six digits. In many cases, codes are easier to remember than fund names.

To put it simply, fund companies collect all investors' money, and then their traders invest to help us earn profits.

What we usually call funds mainly refers to securities investment funds. Although there are many types of funds, they can be roughly divided into the following four basic types according to investment purposes, investment targets and investment strategies:

1. Equity fund: The risk of equity fund is the highest among all fund products, but high risk also means high expected return. Therefore, it is suitable for investors who have high risk tolerance or want to earn higher returns. Generally, there are no less than 80% stocks in it, so the risk is high and the income is high.

2. Hybrid funds: the risk and return levels are moderate. Advance can be attacked and retreated, which is suitable for investors who are brought in steadily. The stocks and bonds of hybrid funds are allocated and the proportion is flexible, so the risks are high and low and the returns are balanced.

3. Bond funds: the risk is lower than that of equity funds and hybrid funds, but higher than that of money funds! It has the characteristics of low risk and stable income, and is suitable for stable investors with low risk tolerance. Generally, there are no less than 80% bonds, which have low risks and low returns.

4. Money market funds: At present, there is almost no risk and the income is low, but it is far better than bank deposits. Suitable for Xiao Bai who can't manage money. It is mainly equipped with ultra-low risk products such as certificates of deposit, so the risk is very low, but the income is also the lowest among the four.

Although the fund is good, it doesn't mean that you can buy it at buy buy. Everything has two sides. There are also many problems in buying funds, and the potential risks are also great. Many champion funds and explosions are not as beautiful as you think. Many people bought it wrong, not only making money, but also losing money. Therefore, learning to invest and effectively control risks is a competition that life has to participate in.