1. Equity funds: When the RMB appreciates, the domestic stock market will usually be positively affected, and investing in equity funds is expected to get higher returns. You can pay attention to fund companies with good performance and investment strategies, such as Huaxia, China Merchants and Nanfang.
2. Bond funds: RMB appreciation will lead to a decline in bond market yield, but it has little impact on bond funds in the short term. In the long run, bond funds still have the advantage of stable income. You can pay attention to fund companies with high credit ratings, such as ICBC, China Construction Bank and China Everbright.
3. Hybrid funds: Hybrid funds are allocated between stocks and bonds, which can reduce risks to some extent. During the period of RMB appreciation, we can pay attention to those hybrid funds with high stock investment ratio, such as Harvest, Yifangda and Guangfa.