Yes, bond funds are not products that guarantee returns, and there may be losses, which are borne by investors themselves. Bond funds mainly invest in bonds, and the fund income is determined by the bonds invested. Bond income = bond price+bond interest, and bond income will change the net value of the fund. In the process of investment, investors can directly look at the rise and fall of net worth. Fund net value rises, fund income and fund net value fall.

On the whole, bond funds have relatively stable returns and relatively small risks, which are suitable for investors with relatively small risk tolerance.