Money funds can be said to be "quasi-savings", with high security, strong liquidity and relatively stable rate of return, mainly investing in short-term monetary instruments. For example, Yu 'ebao is docked with the money fund. At present, the 7-day annualized rate of return is below 1.5%. The limit of 654.38+00,000 yuan that Yu 'ebao can withdraw at any time on the same day is funded by Alipay partners, and the funds are not directly from the redemption of money fund shares.
Bond funds mainly invest in the bond market, such as government bonds, corporate bonds and convertible bonds. Because bonds have a process of repaying principal and interest at maturity, the risk is also low. However, it is different from the bonds invested by the International Monetary Fund. First of all, the longest remaining maturity of bonds invested by IMF should not exceed 397 days, and the rating of corporate bonds should not be lower than AAA, using amortization cost method.
There are not too many restrictions on the bonds invested by bond funds, and the net value method is adopted, unlike the money fund, which ignores the risk of market fluctuations. Then the net value of the bond fund will fluctuate with the price fluctuation of the bonds held, and losses may occur at any time. The risk type is greater than that of money fund, which is suitable for cautious and above investors.
The main investment targets of hybrid funds are bonds and stocks, and there is no distinction between primary and secondary investment targets, so they are called hybrid funds. Their risk types are generally larger than bond funds and smaller than stock funds, with medium or high risks.
As the name implies, the main investment object of stock funds is stocks, which is extremely risky and fluctuates with the fluctuation of stock market prices. Non-stable and above investors should not invest in stock funds.
Among them, index funds can be summarized as stock funds, because the index corresponds to a basket of stocks, and the investment target is still stocks.
How to choose a fund that suits you? How to choose depends on your risk tolerance, and you can not listen to other people's suggestions. You can choose from the aspects of risk, scale, fund rating, performance in three to five years, fund manager level, fund heavy position and so on.
Look at the risk first and choose the risk target that suits you (mainly through risk assessment to recognize your risk tolerance).
Second, look at the size of assets. If the fund is too large, it needs to be considered in many aspects. Its operation is not flexible, the income is not high, but it is relatively safe. Smaller ones have greater flexibility, higher risks and higher returns.
Third, look at the rating. General funds are rated by specialized investment companies-the more stars, the better, and it is best to choose funds with more than four stars.
Fourth, look at the performance trend of funds in the past three to five years and choose funds with relatively stable growth performance.
Fifth, look at the returns of other fund managers and funds. Buying a fund is actually buying the ability level of the fund manager, and the performance is relatively high and stable, indicating that the fund manager has certain investment ability.
Sixth, look at the position and analyze the embarrassing position. Analyze the future trend of the fund's heavy market. For example, if you are not optimistic about the future development of the power industry, then don't choose power as a heavy fund. If you are optimistic about taking medicine and drinking, then you should pay attention to whether the fund is in the field of heavy consumption.
In terms of risk tolerance, if the risk assessment results are conservative investors, it is recommended to invest only in money funds, and other funds may have the possibility of principal loss. If you are a cautious investor, you can invest in bond funds. If you are a steady investor, you can invest in all fund products, but stock funds are not recommended to increase their positions. And if you are an active and radical investor, you can invest in hybrid funds and equity funds in large positions.