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In general, the risk characteristics of various funds from high to low are as follows
Usually stock funds, hybrid funds, bond funds and money market funds.

Equity funds refer to funds that invest in the stock market.

Hybrid fund is a kind of mutual fund, which combines fixed-income investments such as growth stocks, income stocks and bonds. The purpose of hybrid fund is to let investors choose one type of fund instead of buying different types of stocks, bonds and money market funds, so as to realize diversification of investment.

Bond funds are mainly fixed-income financial instruments such as national debt. It is also called "fixed income fund" because the income of the products it invests in is relatively stable. According to the proportion of investment in stocks, bond funds can be divided into pure bond funds and partial bond funds.

Money Market Fund (MMFS) is an investment fund that invests in short-term (less than one year, with an average term of 120 days) securities in the money market. Fund assets are mainly invested in short-term monetary instruments, such as treasury bills, commercial bills, bank certificates of deposit, bank acceptance bills, short-term treasury bonds, corporate bonds and other short-term securities. There is only one way for money funds to pay dividends-dividend reinvestment.

What are the investment scope of the fund?

1. The investment scope of equity funds is mostly funds in the stock market.

2. Major investments and funds in the bond bond market.

3. Some funds of hybrid funds invest in stocks, some invest in bonds, and some even can invest in other things according to prior regulations;

4. Money market funds are funds that invest in all kinds of short-term securities in the money market (the risk is very low, but the income is also very low).