Capital preservation fund is a capital preservation fund that provides a certain proportion of investment principal within a certain period of time. Funds use interest or a very small proportion of assets to engage in high-risk investments, and most assets are engaged in fixed-income investments, so that no matter how the market for fund investment falls, it will not be lower than the guaranteed price, thus achieving the so-called guaranteed effect. Investors need to be reminded that the capital preservation fund is a conditional "capital preservation". The commitment of capital preservation fund can be divided into subscription capital preservation and subscription capital preservation. At present, among all the capital preservation funds in the market, only Southern Hengyuan has made a commitment to subscribe for capital preservation, and the rest have made a commitment to subscribe for capital preservation. Most capital preservation funds stipulate that capital preservation can only be achieved through subscription during the issuance period, and capital preservation will not be achieved through subscription after the fund is established. At the same time, investors must hold bonds due to protect their capital. Capital preservation funds have a capital preservation period, usually 1-3 years. If you redeem it halfway, you won't enjoy the discount.