1. Pure debt fund is a low-risk fund with more than 80% assets invested in fixed-income assets and not in the stock market. Its investment scope includes interest rate bonds with low expected risk/expected return, such as treasury bonds and financial bonds, and credit bonds with relatively high expected risk and expected return.

2. Credit bonds are bond funds that focus on investing in credit bonds, which may be pure debt funds or strengthen the debt base and will invest in stock assets. As for whether the risk level of pure debt fund is higher or lower than that of credit debt base, it needs to be determined in combination with the specific allocation structure of the fund.

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