A fund in which more than 60% of its assets are invested in stocks. Bond funds refer to funds in which more than 80% of the fund assets are invested in bonds. The assets of the Monetary Fund are mainly invested in short-term monetary instruments (generally within one year, with an average term of 120 days), such as treasury bonds, central bank bills, commercial bills, bank time deposit certificates, government short-term bonds, corporate bonds (with high credit rating), interbank deposits and other short-term securities. Hybrid funds are funds with uncertain investment varieties.