Generally, the fund's position control is different based on market conditions.

The "Securities Investment Fund Operation and Management Measures" mention that when the net value of a fund falls below 0.3 yuan, it reaches the liquidation line and may face the risk of liquidation.

Therefore, if you hold a fund with a full position, the maximum loss is 70%.

Of course, when we invest in funds, if we lose so much, it will definitely be a failed investment.

If we only buy one fund, one thing we need to be clear about is how to choose different types of funds. Normally, the risk order from large to small is: stock funds > hybrid funds > bond funds.

Assuming that we are buying a stock fund, the position must not be full at this time. The specific proportion changes according to each person's risk tolerance. When I personally invest, the position is generally 30%-50%.

Assuming that you are buying a hybrid fund, the position can be appropriately enlarged. When I personally invest, the position will be increased to 40%-60%.

Assuming that you are buying a bond fund, your position can continue to be enlarged. When I personally invest, my position is generally placed at 50%-80%.

However, the above positions are not necessarily purchased at one time. They may be purchased by fixed investment or proportional increase/decrease according to market conditions. Specific issues will be analyzed in detail.