There is basically no risk. In other words, just because you buy a fund on Alipay doesn't mean that the money from these funds will go to Alipay. If you think this is awkward, we can understand that when you use some financial functions of Alipay, in fact, your money is not directly transferred to Alipay, but you buy the corresponding financial products through Alipay.

Balanced fund refers to a fund whose investment goal is not only to obtain the current income, but also to pursue the long-term appreciation of the fund assets, and to disperse the funds into stocks and bonds to ensure the safety and profitability of the funds. A mutual fund that invests in stocks and bonds in a diversified way. Usually, when fund managers are bearish on the market outlook, they will increase the proportion of bond investment with strong resilience; When fund managers are optimistic about the market outlook, they will increase the proportion of stock investment with more capital gains and profit opportunities. Balanced fund is a fund that pursues both long-term capital appreciation and current income. These funds mainly invest in bonds, preferred stocks and some common stocks. The portfolio proportion of these securities is relatively stable. Generally, 25% ~ 50% of the total assets are used for preferred stocks and bonds, and the rest are used for common stock investment. Its risk and return are between growth funds and income fund.

Balanced funds can be roughly divided into two types: one is a balanced fund of stocks and bonds, that is, the fund manager will adjust the allocation ratio of stocks and bonds in time according to market changes. When the fund manager is optimistic about the stock market, he will increase the position of the stock, and when he thinks that the stock market may adjust, he will increase the bond allocation accordingly. Another kind of balanced fund, while balancing stocks and debts, emphasizes dividends and pays more attention to the safety of bags, which is also one of the ways to avoid risks. Take Morgan's double interest balance fund as an example. According to the fund contract, when the realized income exceeds the bank's one-year fixed deposit interest rate (before tax) by 65,438+0.5 times, dividends must be paid. Investors who prefer dividends can consider such funds. Judging from the long-term overseas market performance, Morningstar statistics show that among all kinds of Asian mutual funds, the total return of balanced funds in the past 10 years far exceeded other types of funds, including equity funds, which proves the stable investment ability of balanced funds in volatile markets. Therefore, for investors with low risk tolerance, balanced funds can be regarded as the key fund varieties in the volatile market.