The fixed investment fund of CCB is the abbreviation of "subscription of fixed investment fund", which refers to a long-term investment method in which investors agree on the time and amount of monthly deduction, and the sales organization (CCB) automatically completes the deduction and fund subscription application from the fund account designated by investors on the agreed date of each month. It has the advantages of simple procedures, average cost, risk dispersion and compound interest effect.

In addition, CCB designated funds also refer to funds sold in CCB.

The risks of funds designated by CCB are mainly reflected in the following five aspects:

1, liquidity risk. When investors need to sell their fund shares, they may face difficulties in realizing them and being unable to realize them at a suitable price. This phenomenon mainly occurs in the extreme situation that the fund faces huge redemption or suspension of redemption. Fund investors may not be able to redeem in full at the net value of the unit fund on that day. If you choose to postpone the redemption, you will bear the risk of the net value of the unit fund falling on the subsequent redemption date.

2. Unknown purchase and redemption price risk. Whether buying or redeeming a fund, the price is based on the net value of the fund unit after the close of the day, so investors usually can't predict what the price will be when trading;

3. Risk of fund investment. Funds with different investment objectives have different investment risks, including stock investment risk and bond investment risk. Among them, the risk of stock investment mainly depends on the operating risk of listed companies, the risk of securities market and the risk of economic cycle fluctuation, and the risk of bond investment mainly refers to the risk that interest rate changes affect the income of bond investment and the credit risk of bond investment. According to their risk tolerance, investors can choose the types of funds suitable for their financial situation and investment objectives.

4. Institutional operational risks. Open-end funds face not only systematic risks in the market, but also management risks (for example, the management ability of fund managers determines the income status of funds, and the operation level of registered institutions directly affects the efficiency of fund subscription and redemption, etc.). ) and operational risks.

5. Force majeure risk. Mainly refers to the risks brought to fund investors when force majeure such as war and natural disasters occurs.