R 1- low risk: money market funds, short-term financial bond funds and other products with simple product structure and good liquidity. R2- Low risk: products such as bond funds (except convertible bonds and exchangeable bonds), hedge strategy hybrid funds (including capital preservation funds within the duration) and graded fund priority sub-shares. R3- Medium risk: stock funds (including index funds) and hybrid funds (excluding hedge funds and capital preservation funds), mainly investing in convertible bonds, bond funds with exchangeable bonds, enterprising graded funds and alternative investment funds (commodities, precious metals, REITs, etc.). ) and other products. Risk risk is high: fund products with complex structure, large historical fluctuations in past performance and net worth, poor liquidity of investment targets, clear valuation policy and leverage above 1 times (excluding) to below 3 times (excluding). R5- High risk: fund products with complex structure, large historical fluctuations in past performance and net worth, poor liquidity of investment targets, unclear valuation policies and more than three times leverage.