Usually the characteristics of the parent fund are not obvious. Investors usually invest in sub-funds as needed. Class A shares of sub-funds are fixed income (suitable for low-risk investors) and Class B shares are leveraged funds (suitable for high-risk investors).
It is characterized by great fluctuation. Because of leverage, the ups and downs are faster. If it is in a bull market, the increase will be very large. If it is a bear market, the opposite is true.
000654 is a new industrial mix of Chinese businessmen and an ordinary mixed fund. The benchmark of performance comparison is: Shanghai and Shenzhen 300 Index yield ×65%+ Shanghai and Shenzhen government bond index yield ×35%, which is equivalent to medium and high risk varieties.
You need to judge which is better according to your risk preference and expected return.