Investments are all risky, and fund managers are no exception. The products they invest in may make profits or losses, which causes fund returns to rise or fall.

For example, if market interest rates are high, bond prices will be low. As a result, bond funds that buy bonds may have lower yields or even lose money.

Funds are indirect investment products. When investors buy a fund, they actually entrust the fund manager to invest the funds on their behalf. For example, if an investor buys a stock fund, then the specific stocks to invest in are decided by the fund manager.

managed.

This is also one of the main differences between funds and stocks and bonds. The latter two are direct investments. Which stocks or bonds to buy and how much to buy are all decided by the investors themselves.

Extended information The rise and fall of the net value of bond funds is related to market interest rates, stocks, bonds and other factors.

The rise and fall of bond funds are inversely proportional to market interest rates. When market interest rates rise, their net worth may fall.

When market interest rates fall, its net worth may rise.

Because more than 80% of the assets in bond funds are invested in bonds, and a small part is invested in the stock market, the rise and fall of bond funds will also be affected by stocks and bonds to a certain extent.

When the stock prices of the stocks invested by bond funds fall due to poor market conditions or other bad news, it will also cause the bond fund to fall to a certain extent; conversely, due to some good news, the stock prices rise sharply, which indirectly causes the bond fund to rise.

Because its main funds are invested in bonds, the yield of bonds will also affect the rise and fall of bond funds to a certain extent.

Risk warning: The operation time of my country's funds is short and cannot reflect all stages of the development of the stock and bond markets. The past performance of the fund does not predict its future performance.

The performance of other funds managed by the fund manager does not constitute a guarantee of the performance of the new fund.

Before purchasing a fund, investors should read the "Fund Contract", "Prospectus" and other fund legal documents in detail, and be cautious when investing in funds.