The shorter the bond term, the lower the risk, so the risk of short-term debt funds is relatively low.

Short-term debt fund refers to a securities investment fund with short-term bonds as its main investment target. The investment scope is limited to bonds, central bank bills and other fixed-income varieties and bank deposits, and stocks and convertible bonds are not invested. Short-term debt funds mainly invest in the inter-bank bond market, which has the advantages of both bond funds and money funds. This is a fund product with higher income than money market funds, steady growth in net value and considerable liquidity.