Although fund investment has long been described as a "worry-free" investment method, it is not the case. Harvest is always consistent with giving. If you want to choose a fund that really suits you, investors must make some efforts. The following is an interpretation of the basic knowledge of bond funds prepared by Bian Xiao for you, hoping to help you!

What are the characteristics of short-term debt funds?

First, safety. Short-term debt funds mainly invest in bonds, and the remaining maturity of bonds generally does not exceed 397 days, so the wind direction of short-term debt funds is smaller than other types of bond funds, belonging to medium and low risk funds. As we all know, time deposits issued by banks are protected by the Deposit Insurance Ordinance, so time deposits are guaranteed.

Second, the investment income. It is reported that the income of short-term debt funds is updated daily, with ups and downs, so the income of short-term debt funds is floating. On the whole, the expected yield of short-term debt base is around 5% on average. The annual interest rate of time deposit wants to reach 5%. At present, only some small and medium-sized banks are likely to have five-year certificates of deposit or smart deposits.

Unique risks of stock funds

1, investment direction and risk of short-term market changes

2. Relative stock position and stock price fluctuation risk;

3, the fund's stock selection strategy and the risk of market changes.

4. Whether the research on the growth of enterprises and the fundamentals of listed companies is accurate and in-depth risks;

5. Whether the adopted valuation method is scientific and reasonable;

6. Defects and errors in the fundamental research and valuation process may lead to the risk that the selected securities cannot fully meet the expected objectives of the fund;

7. The risk of deviation between market preference and hot spots and the investment strategy of the fund;

Unique risks of bond funds

1. If there is an overall decline in the bond market, the fund's net performance will be affected.

2. The fund pays dividends in compliance every quarter, so it needs to maintain a certain proportion of cash assets, which will have a certain opportunity cost.

Risk characteristics of money market funds: Under normal circumstances, the amortization cost method is adopted to stabilize the price at face value. When the net value deviation obtained by the two valuation methods is within the range of plus or minus 0.5%, it can still be traded at face value. When the deviation exceeds 0.5%, it will fall below the face value.

The unique risks of closed-end funds: the discount risk caused by trading in the secondary market after issuance; Force majeure risk during closing.

Can the fund only choose a fixed monthly investment?

Not necessarily, most of the fund's fixed investment is fixed monthly, but some fund companies stipulate that they can make fixed investment quarterly, semi-annually or annually. After the general investor signs the fixed investment agreement, the bank will automatically deduct money from the designated account to purchase the fund. If the balance of the investor's fund account is insufficient at the legal trading time, the banking system will automatically continue to deduct money the next day until the end of the month, and calculate the confirmed share according to the net value of the fund share on the day of deduction. Therefore, there is nothing wrong with the unsuccessful deduction of money in the current month, but you should deposit the money in your account as soon as possible and then continue to invest.

Problems needing attention in fund's fixed investment

1 Not all funds are suitable for fixed investment. Bond funds generally have stable income, and there is little difference between fixed investment and one-time fixed investment, while equity funds fluctuate greatly, which is more suitable for balancing costs and risks with fixed investment.

Fixed investment is not only a long-term investment. Although the fixed investment fund is easy to control risks, it should be cautious whether it is a one-time investment or a fixed investment when the market is not optimistic.

3 Fixed investment deduction is not any day. Although there is no fixed daily deduction for the fund's fixed investment, some months only need 28 days. So the deduction date can only be 1 to 28. In addition, if there is a holiday, it will be postponed automatically.