Bond funds are not necessarily profitable.

The biggest investment misunderstanding in bond funds is that they believe that bond funds are guaranteed to make money without losing money.

Compared with stock funds and hybrid funds, bond funds are low-risk, and their volatility and maximum drawdown are much smaller than the latter. However, compared with currency funds and financial products, when interest rates rise sharply, bond funds

Funds will still experience short-term retracements.

Generally speaking, during a period of downward interest rates, the trading price of government bonds rises, and bond holding funds benefit; during a period of rising interest rates, the trading price of government bonds falls, and bond holding funds suffer losses.