No, convertible bonds are a special kind of bonds issued by listed companies (with both the properties of bonds and the right to convert them into stocks). When trading in the stock exchange, convertible bonds are subject to T+0 trading, and there is no limit on price increase and decrease, which has certain investment risks.

Funds are issued by fund companies. Fund assets are mainly invested in money market, bond market and stock market. They are products with * * * benefits and * * * risks. Funds are floating income products.