The advantage is that it is stable as the market increases. The disadvantage is that it is not easy to purchase.

Guo Fu Tian Li mainly invests in fixed-income securities with high credit rating, and can only subscribe for new shares, and does not directly buy stocks through the secondary market. It is a first-class bond fund with higher expected returns and risks than the money fund. If you have initial risk tolerance, you can participate appropriately, and the performance of the fund is acceptable among peers. Bond funds mainly invest in large-cap blue-chip stocks, and when calculating the Shanghai Composite Index, large-cap blue-chip stocks also account for a large weight, so the decline and rise of funds are generally related to the decline and rise of the Shanghai Composite Index.