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What are the types of funds?
Funds mainly invest in stocks, bonds, gold, commodities and other assets, and some funds also invest in other funds (including FOF funds and strategic placement funds).

Funds that invest in stocks include stock funds, hybrid funds, index funds and secondary debt bases (allowing some investments in stocks);

Funds that invest in bonds include money funds, wealth management funds, pure debt funds (including short-term debt funds), primary debt bases (allowing a small amount of new shares and convertible bonds) and secondary debt bases (allowing a small amount of investment in stocks);

Funds that invest in gold include gold ETF and gold ETF linked fund (Alipay Gold), and funds that invest in oil include Huabao Oil and Gas and Southern Crude Oil. QDII funds invest in overseas stock markets, and Huabao Oil and Gas also falls into this category.