1, interest rate risk: the fund invests in government bonds, and the price of government bonds is inversely proportional to the interest rate. The rise in interest rates and the fall in the price of government bonds have a negative impact on the fund's net value.
Market risk: The bond market is affected by macroeconomic factors, policy changes, market sentiment and other factors. These factors will lead to fluctuations in the bond market, which will bring risks to the fund's net value.
3. Credit risk: Although the Fund mainly invests in government bonds, there is still credit risk. Some bond issuers can't pay the principal and interest on time, which will adversely affect the net value of the fund.
4. Liquidity risk: in the case of insufficient market liquidity, it will become difficult to buy and sell government bonds, resulting in the fund not being realized in time or at an unfavorable price.