Hybrid funds may lose money. Hybrid funds refer to funds that invest in stocks, bonds, etc. , with the characteristics of high risk and high return. If the fund market is not good, the fund may lose money to the principal if it continues to fall.

Generally speaking, hybrid funds have no clear investment direction. According to the investment proportion and investment strategy of stocks and bonds, it can be divided into partial stock funds (stocks account for 50%-70%), partial debt funds (stocks account for 20%-40%), balanced funds (stocks and bonds account for an average proportion) and allocation funds (stocks and bonds are adjusted according to the market). Therefore, the risk of venture funds is relatively large.